Old Mutual Personal Loans product called My Personal Loan is Old Mutual’s flagship product in micro finance. It allows you to borrow up to R100 000 qith a maximum term of up to 48 Months. How Old Mutual My Personal Loan Works Minimum loan term of 3 months. Maximum loan term of 48 months. Qualify for a personal loan of up to R100 000. Fixed interest rate at the time of the personal loan application. You need to be employed for at least 3 months at the same employer. The interest rate applied will be determined by your credit