Service Fee R60 per month, including VAT, calculated daily.
Initiation fee 15% on first R 1000.00, + 10% on any value above R 1000.00, to max of R 1050.00 including 15% VAT.
Interest Rate 3.36% per month, including VAT, calculated daily.
Fees and Interest are based on regulation set out in Chapter 5 of the NCA no.34 of 2005.