Rental deposit surety, made simpler

Your new home, without the heavy upfront deposit.

PeerDeposit provides qualifying tenants with a rental deposit surety, allowing you to secure your rental without tying up the full traditional cash deposit upfront.

Keep more of your cash available
Complete the application online
Structured surety documentation for your landlord
Example deposit amount
R5,000
Estimated monthly fee
R154 per month
Plus a once-off, non-refundable registration fee of R750. Final pricing remains subject to application review and approval.
See what PeerDeposit could cost
R
Estimated monthly fee
R154
Deposit amount must be between R2,000 and R10,000. Estimate only. Final pricing is confirmed in the quotation.
Check Eligibility
Simple and transparent

How PeerDeposit Works

A straightforward online process to assess, document and complete your rental deposit surety.

1

Apply Online

Complete the application with your tenant, landlord, property and lease details.

2

Receive Your Quote

We review the application and, if eligible, provide your quotation and required documentation.

3

Your Surety Is Issued

Once all requirements are completed and approved, the rental deposit surety is issued.

Why Tenants Like It

R
No large cash deposit upfront

Keep more of your savings available for moving, furniture and other priorities.

Predictable monthly fee

See the indicative cost before completing the application.

Online application

Apply from your phone, tablet or computer.

i
Clear documentation

Review the quotation and agreements before accepting.

Why Landlords Value It

S
Formal rental deposit surety

Security is documented through the approved suretyship and related agreements.

Application review

Tenant and lease information is reviewed before approval.

D
Supporting documents

Required documentation and property records form part of the process.

P
Structured process

Clear application, approval and documentation steps.

The Smarter Way to Move In

Cash Deposit PeerDeposit
Upfront deposit cash R5,000 R0
Monthly fee R0 R154
Cash tied up R5,000 R0
Application Standard lease Online assessment
Landlord security Cash deposit Suretyship
Example based on a R5,000 rental deposit. A once-off registration fee of R750 also applies.
Secure Process Supporting information handled through PeerDeposit.
Online Application Apply from your phone or computer.
Supporting Documents Clear document requirements.
Application Review Subject to verification and approval.
Built around trust and clarity.

Designed for the South African rental market.

Trusted Banking Partner Partner to be announced
Trusted Payment Partner Partner to be announced
Proudly South African Built for our rental market
For tenants

Keep your cash available for what matters.

PeerDeposit gives qualifying tenants an alternative to tying up the full traditional rental deposit in cash.

Start / Continue Application →
For landlords

Structured security without delaying a good tenant.

PeerDeposit documents the approved rental deposit surety and related obligations through a clear formal process.

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Frequently asked questions

Everything You Need to Know

Final terms are contained in the applicable quotation and signed agreements.

PeerDeposit provides an approved landlord with a rental deposit surety instead of the tenant paying the full traditional rental deposit in cash upfront.
The landlord's protection is governed by the formal suretyship documentation issued for the approved application and remains subject to its terms and claim requirements.
The monthly fee depends on the rental deposit surety amount required. A once-off, non-refundable registration fee of R750 also applies.
No. PeerDeposit does not advance the tenant a cash loan. It provides a rental deposit surety subject to approval and contractual terms.
Applicants will generally provide identification, the signed lease, PeerDeposit agreements, debit-order information, proof of payment and property photographs.
No. Applications remain subject to eligibility, verification, documentation, review and final approval.
Any valid claim, payout and resulting tenant liability are handled in accordance with the suretyship, acknowledgement of debt and signed agreements.
Yes. PeerDeposit is designed to work on phones, tablets and computers.

Move in with confidence.

Start your application and see whether PeerDeposit can help you avoid tying up a large cash rental deposit.

Start / Continue Application →