Cape Town - There is no trace of a home loan in the name of President Jacob Zuma to repay his Nkandla debt of R7.8m, Netwerk24 reported on Sunday.

VBS Mutual Bank claims to have lent Zuma the money, but no such a bond has been registered in the deeds office in Zuma's name. Legislation demands that a home loan must be registered at the deeds office.

VBS' standard requirements for a home loan as stipulated on its website state that it can be granted for a property where there is a title deed or an allocation deed. That is how VBS can grant home loans in the former homelands where land is in communal possession - like the land on which Nkandla is situated.