Maravedi Loans: Maravedi’s personal loans are excellent credit options for people who have found themselves in a tight money fix, particularly if they are blacklisted individuals. Maravedi provides loans for personal and educational use, depending upon the need of the client. There are various schemes offered but the minimum that can be borrowed is R1,000. The upper limit on this amount is R50,000, particularly if it is to meet tuition expenses.
To apply for a loan from Maravedi, you need to have a valid identification document and supply the bank with proof or employment and two months of pay slips. Similarly, a permanent physical address needs to be provided to the bank. This information is necessary for verification purposes.
You can apply for a loan either through the website or by walking in to one of their branch locations. The website is very user-friendly and efficient to use. The staff at all branches is very amicable and helpful. Once the loan has been applied for the bank will get back to you at the earliest with the status of your application.