Borrow K100 to K1,000 until payday at 10% — street lenders charge around 50% for the same 14 days. Short on your due date? You can pay just the interest and pay the loan back when you are able.
schedule Apply online in minutes · 10% fixed for up to 14 days · short on payday? pay interest only
| Repaid | Interest | You repay |
|---|---|---|
| By the due date (14 days) | K50.00 | K550.00 |
| Interest only on the due date | K100.00 | then K550.00 in 14 days |
| After the due date | K100.00 | K600.00 |
| A further fortnight late | K150.00 | K650.00 |
Interest is a fixed 10%, charged once for a loan of up to 14 days. There is no daily interest. If the loan is not repaid by its due date, another 10% of the original amount is added for every fortnight it stays unpaid. Or pay 2× the interest on the due date and start a fresh 14-day term.
Try the calculatorinfo These are INSTABUXX rates, for loans we fund ourselves. Private lenders on the platform set their own interest type, term and rate — see how that works.
If you cannot pay the whole amount on your due date, you can pay just the interest. Your loan then starts again for another 14 days on the same amount, and you pay it back when you are able.
Paying just the interest costs 2× the interest for the term (20% of the amount), and your new term starts the day you pay. Paying in full is always the cheapest way to finish your loan.
What happens next is up to you.
INSTABUXX loans come through your employer. If your company is not registered yet, talk to your HR or Payroll office. It takes them two minutes to sign up, and it costs the company nothing.
Street lenders charge around 50% for 14 days. On K1,000 that is K500 interest — with us it is K100. You keep K400.
You do not have to pay in full. Pay the interest and pay the loan back when you are able.
Cash in hours for school fees, hospital bills or a family emergency — repaid simply on payday through your payroll.
Send them this message — it explains everything and links to our sign-up form.
Already registered? See the list
INSTABUXX funds loans from its own book, and lets private lenders fund loans through the same system — with the agreements, interest tracking and reminders handled automatically.
Short-term money for an emergency, a bill or a gap in the fortnight — one loan, repaid on your next payday, not months of deductions.
If you already lend to workmates and family, run it through INSTABUXX instead of a notebook. Free to use, and the system does the chasing.
Everything runs by email, so use an address you actually check.
Choose borrower or lender, then click the confirmation link we email you. It expires after an hour — you can always request another.
Complete your profile and upload four documents: personal ID, work ID, your latest payslip, and a bank statement showing your pay.
We check your payslip and set your limit at 60% of take-home pay, so your total repayable always stays inside your means.
Choose an amount and days, sign the agreement by email, and receive the funds in the bank account on your profile.
Long-term deduction lenders lock you into a plan for months. Street lenders charge around 50% for 14 days. We sit between the two: a 10% fixed charge for one pay cycle, repaid in one go on payday. Your employer’s payroll agreement is what makes a rate this low possible.
How our rates work| INSTABUXX | Long-term deduction | Street “dinau” | |
|---|---|---|---|
| Cost | 10% fixed per fortnight | Fixed over months | ~50% for 14 days |
| How long you owe | One pay cycle | Many months | Until paid |
| Repayment | Once, on payday | Every fortnight | — |
| Short on payday? | Pay just the interest, the rest later | Arrears and fees | Pressure and penalties |
| Cost shown upfront | Yes, before you sign | Sometimes | Rarely |
| Written agreement | Digitally signed | Yes | Verbal |
Miss your due date and another 10% of the original amount is added for every fortnight the loan stays unpaid. Can’t repay in full on your due date? Pay interest only — 2× the interest (20% of the amount, K200 on K1,000) — and your loan starts again for another 14 days, from the day you pay, on the same amount, at 10% again. You can do this at the end of each term. Please borrow only what you can repay.
See exactly what you owe today, what you will owe on the due date, and how many days are left.
Download your signed application form or a payment receipt as a PDF whenever you need one.
Paid by transfer or deposit? Attach the receipt to the loan and we reconcile it against your balance.
Application, decision, funding, balance updates and settlement all confirmed in writing.
Pay more than you owe and the difference sits in your account as credit toward a future loan.
Payslips, IDs and statements are only visible to you, our admin, and a lender funding your loan.
Ever since I learnt of Instabuxx through social media I’ve seen drastic changes with regards to my salary packages each fortnight. Borrowing of “Dinau Moni” was a constant headache especially with the interest payment of 100% each fortnight. Instabuxx brings a more relaxed service which is convenient, reliable, easy and the interest rate is reasonable each day.
This service is very good as it will help customers when they are in need especially in emergencies. For me I wasn’t expecting the refund when paying my debts back early and it’s a bonus. It shows clearly how we customers commit in paying our debts early also reducing our interest rates.
Thank you in advance for your timely response, also the online services. Funds received. Thank you once again. Will let others know about your services. Only the one that I trust.
Pay interest only. On your due date pay 2× the interest instead of the whole balance, and from that day your loan starts again for another 14 days on the same amount, at 10% again. Borrow K1,000: on the due date you owe K1,100. If you can’t pay that, pay K200 instead, and K1,100 is due a fortnight later. If you still can’t, you can do the same again. Pay, upload your payment proof, and tell us it is interest only.
INSTABUXX loans are from K100 to K1,000. Within that range your limit depends on your payslip: we set it at 60% of your take-home pay, and your total repayable (principal plus interest) must stay under it. Apply for more and the system cancels the application automatically.
A fixed 10% of the amount you borrow, charged once, for a loan of up to 14 days. There is no daily interest. Borrow K500 and you repay K550 on your due date. Because the interest is fixed, repaying earlier does not reduce it.
Another 10% of the original amount is added straight away, and again for every further fortnight (14 days) the loan stays unpaid. On a K500 loan you would owe K600 one day after the due date, then K650 a fortnight later. We will also pursue recovery under the terms you sign, so please only borrow what you can repay.
In one payment on your payday. INSTABUXX lends to employees of companies that have signed a payroll agreement with us, so the repayment is made through your employer’s payroll arrangement on the payday your loan is due. There are no months of deductions — one loan, one repayment.
Four things: a personal ID, your work ID, your most recent payslip, and a bank statement showing that pay arriving. We cannot set a limit without them.
Register as a lender and you get a Lender ID (LUID). Your borrowers enter it when they apply, the loan lands on your dashboard for funding, and repayments credit your wallet — which you can withdraw at any time. Full details here.
Open an account in a few minutes. Borrow at 10% — and if you are short on your due date, you can pay just the interest and pay the rest later. Or start lending through a platform that keeps your money working.