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Interest Rates
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Our librarians try to ensure that information provided is accurate and up-to-date but the KZNLS does not accept liability in the event of any error or inconsistency

Any information given to you is provided as a service only and is not intended to be, nor does it constitute, legal advice

Prescribed Rate of Interest Act 55 of 1975

Effective date Government Notice Details
1993-10-01 GNR 1814/GG 15143/01-10-1993 15,5% pa
1989-07-01 GNR 1342/GG 11979/30-06-1989 18.5% pa
1987-09-01 GNR 1866/GG 10879/01-09-1987 12% pa
1986-08-01 GNR 1599/GG 10371/01-08-1986 15% pa
1985-02-08 GNR 268/GG o9582/08-02-1985 20% pa
1976-07-16 GNR 1217/GG 5215/16-07-1976 11% pa