Lime24 ZA
Lime24 ZA
4.8
12 reviews
Detailed terms
  • Amount up to $ 8000
  • Term 5 - 90 days
  • Rate from 0.10% up to 1% per day
  • Method of receipt To a bank card; to a bank account
  • Legal information about the company The company is Lime Loans South Africa (PTY) LTD, registration number 2015/239349/07.
  • Age from 18 up to 65 years old

Reviews of Lime24 ZA

Rating and reviews
4.8
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Lime24 offers quick, digital online short-term / payday loans in South Africa, targeting users who need small amounts of cash fast without much paperwork. Their platform emphasizes convenience, speed, transparency, and secure transactions via their online system.  The company is Lime Loans South Africa (PTY) LTD, registration number 2015/239349/07.

You can get a loan from this organisation quickly and online.

Terms & Conditions

Loan amount: From R 500 up to R 8,000 in many cases.
Effective Interest Rate (EIR) / APR: Up to 60 % per annum
Loan term:: 5 to 90 days or similar short-term periods.
Currency: South African Rand (R)
Daily interest rate: Implicit from APR (approx ~0.10 % per day), but not explicitly stated.
Approval time: Usually within 15 minutes during working hours. 
Collateral: Unsecured — no collateral required. 
Income verification: They require bank statements (e.g. last 3 months) as proof of income.
Age requirement: Must be 18 years or older.
Licensing/Supervision: Registered as Lime Loans South Africa (PTY) LTD, NCR registration likely.
Repayment methods: Via debit order (automated) or payment via their platform. 
Disbursement methods: Direct bank transfer to the borrower’s bank account after approval. 
Customer support: support@lime24.co.za
Address: 10th Floor Offices, 2 Long Street, Cape Town 8000
Phone number: 010 442 6722
Official website: lime24.co.za

Documents & Borrower Requirements

  • Valid South African ID required
  • Latest 3 months bank statements as proof of income
  • Active bank account in South Africa.
  • Be at least 18 years old.
  • Completed online application form.

Additional Details

  • Early repayment is allowed, presumably without penalization.
  • Extension / postpone options under certain conditions likely (they mention how to postpone in FAQ)
  • Credit History Requirement
  • Having bad credit or no credit history does not automatically disqualify you. Lime24 considers applicants with imperfect credit. 

About the Loans

First Loan

  • Limit often starting at R 500. lime24.co.za+1
  • The interest rate and terms similar to standard offerings, no special discount publicly disclosed.

Repeat Loan

  • Higher loan amounts (up to ZAR 4,000) available on repeat use.
  • Interest rate remains up to 60% APR, but loyal users might get better terms.

How to Apply

  1. Go to lime24.co.za and register / log in.
  2. Fill in personal and banking information.
  3. Provide bank statements for verification.
  4. Wait for the credit decision (≈ 15 minutes).
  5. Sign agreement digitally and receive funds to your bank account.

Benefits

  • Entirely online — no paperwork or branches.
  • Fast decision — often within 15 minutes.
  • Unsecured loan — no collateral required.
  • Accepts borrowers with bad or no credit history.
  • Early repayment allowed.
  • Transparent cost and no hidden fees.
  • Potential for higher loan amounts with repeated use.
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