Bayport offers employee financial wellness solutions
We empower employees and give employers the right tools to improve financial health.
Financial wellbeing of employees is one of the biggest challenges employers face today. Over indebtedness of employees is a leading cause of strained employer/employee relations, lack of productivity, absenteeism, illness and more.
Bayport offers a holistic long-term financial wellness solution that can assist employers and employees in overcoming these challenges, offering employees a way out of financial distress, into financial wellness.
Get a personal loan of up to R250,000
It is easy to apply for a Bayport personal loan of up to R250,000 with our simple online
loan application process and personalised service. Once you have registered, all it takes is
a minute, to find out if you qualify for a Bayport personal loan.
Our online loan application process allows you to also upload all documents required to
complete your application.
Apply for a short-term personal loan online in five easy steps
Step 1: Register and activate your free Bayport account
You will need to provide us with your contact details and create a password for your Bayport account. You will then receive an email to activate your account – once received, click the ‘activate account’ button and proceed to login.
Step 2: Login and apply
Once you login, you can start your online loan application by telling us a bit more about yourself, such as your income and expenditure details, your employment information and banking details. For faster response, please have your documents (listed below) ready for uploading.
Step 3: Affordability assessment
After you have uploaded your documents and have submitted your application, we verify the information provided with the credit bureau. We then check how much you qualify for based on your affordability.
Step 4: Sign your contract online
Once we grant you a loan offer, you will need to login and accept your loan offer and the terms and conditions online. We will email you a copy of your terms and conditions.
Step 5: Receive your personal loan
We disburse our personal loans in real-time, meaning, as soon as you accept your offer and your application passes final assessment, we will pay your funds into your bank account.
Representative example of a R100,000 loan repaid over 72 months
(including interest, fees and insurance*)| Interest rate (APR)** | Credit Advanced | Term of Loan | Monthly Insurance Premium | Monthly Service Fee | Total Installment |
| 20% | R100,000 | 72 Months | R556.64 | R69.00 | R3,050.00 |
*The amount of the total installment will remain unchanged throughout the term of the
agreement
**Risk profile dependent
You will need these documents when applying for your personal loan
- South African ID
- Proof of residence not older than 3 months
- Latest payslip
- Last 3 months’ bank statements
Continue your application where you left off
- Upload your documents when you have them, anytime.
- We will hold onto your application details in the section where you left off - no need to start over!
Why choose Bayport for your personal loan
Personal loan
Get a personal loan from R1,000 up to R250,000 with flexible repayment terms.
Debt consolidation loan
Settle your other loans when you apply for a personal loan and have one account to manage.
Nationwide footprint
Our footprint in South Africa covers all major metropolitan areas and all popular mediums of communication.
Employee wellness
We partner with employers to provide tailor-made financial wellness solutions to improve their employees financial health.
Bayport customer benefits
As a Bayport customer, we want to make your journey with us a convenient and simple one Here are some of the benefits that our customers enjoy:
Free 24/7 Access to online statements
Easy access to online statements and to make secure payments.
24/7 self-service on our mobile app
Dedicated and professional support via our Mobile App, Website or WhatsApp.
Get a FREE Credit Health Report
Get a FREE Credit Health Report Get access to a free credit health report each month.
Your unsecured personal loan is insured
Your short-term unsecured loan is insured in the event of death, disability or retrenchment.
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Visit our information center
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Visit our blog
Get great tips from our simple and practical financial wellness articles
COVID-19 Update
Learn about Bayport's response to COVID-19 and the national lockdown
Testimonials
Jacob: Branch manager
Financial status: over-indebted
"When I was demoted due to a company restructuring, my salary was cut by 35%.... read more
Lerato: Human capital manager
Financial status: distressed:
"I had more than R400,000 debt and was behind on all my loans and accounts... read more
Mandla: Factory worker
Financial status: In good standing
When my house got damaged in the Umlazi floods, I had R94,000 in debts, ... read more
