INSTABUXX is not a fortnightly-deduction lender. You choose the amount and the number of days, you see the exact cost before you commit, and you pay less the sooner you repay.
schedule Apply online in minutes · no repayment schedule · repay early, pay less
| Repaid after | Daily interest | You repay |
|---|---|---|
| 5 days | K137.50 | K1,237.50 |
| 10 days | K275.00 | K1,375.00 |
| 14 days | K385.00 | K1,485.00 |
Same loan, three different costs. Interest is 2.75% per day on the principal — it stops the day you settle.
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.
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 — without signing up to months of salary 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.
Fortnightly-deduction lenders lock you into a plan for months. Street lenders charge around 100% a fortnight. We sit between the two: daily interest that you can cut short by paying early.
How our rates work| INSTABUXX | Fortnight deduction | Street “dinau” | |
|---|---|---|---|
| Cost | 2.75%/day + 10% | Fixed over months | ~100% a fortnight |
| Repay early? | Yes — pay less | Usually no benefit | No |
| Salary deduction | None | Every fortnight | — |
| Cost shown upfront | Yes, before you sign | Sometimes | Rarely |
| Written agreement | Digitally signed | Yes | Verbal |
Miss your due date and the loan is classified as default: another 10% is added and interest moves to 4% per day. 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.
There is no flat maximum — it depends on your payslip. We set your limit 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 one-off 10% fixed interest, plus 2.75% of the principal for each day the loan runs. Borrow K1,000 for 5 days and you repay K1,237.50; hold it for 10 days and you repay K1,375.00. Nothing is locked in — settling sooner costs less.
The loan is classified as default. Another 10% of the principal is added and the daily rate rises to 4% until it is settled. On a K1,000 loan that is K40 a day. We will also pursue recovery under the terms you sign, so please only borrow what you can repay.
No. There is no fortnightly deduction and no repayment schedule. You choose the number of days when you apply and settle by cash, deposit or transfer.
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 what you need, or start lending through a platform that keeps the records for you.