Standard Bank Personal Loans

Standard Bank has its footprint in seventeen African countries and twenty one locations spread across the globe. With this type of global presence they would be well versed and quite adequately equipped to offer you, the client, a Standard Bank personal loan.

Which Standard Bank Personal Loan is for you? With so many options and numerous benefits and flexible options there is bound to be a personal loan option tailored specifically to your needs and circumstances.

 Standard Bank Personal Loan Products;

  • Standard Bank Personal Loan
  • Standard Bank Revolving Loan
  • Standard Bank Term Loan
  • Standard Bank Overdraft

Personal Loan

  • Revolve your loan or go for a fixed term
  • Choose the loan repayment terms that best suit your needs with options of twelve to 72 months to pay
Benefits of Standard Bank Personal Loans
  • Loans are easy to get
  • Apply online to find out how much you qualify for
  • You will be able to plan and budget – your annual percentage rate for a personal loan will not exceed prime + 17.5%
  • Choose to repay your loan at the pace you’re comfortable with
  • Your Standard Bank Personal Loan is flexible – select the term loan for fixed repayments

Standard Bank Revolving Loan

  • Get access to your funds again once you’ve repaid 15% of your loan with the option to increase your original amount over time
  • You will need to earn a minimum monthly income of R8 000 to qualify for the Standard Bank Revolving Loan
  • Get up to R300 000 (this is the maximum loan limit)
  • You have sixty months to pay
  • Your interest rate is personalised which makes it an affordable option

Standard Bank Term Loan

  • Get the loan you’re looking for at the fixed monthly repayment amount and term you feel comfortable with
  • You need to earn a minimum of R3 000 a month to qualify
  • The maximum loan limit is R300 000
  • Get up to seventy-two months to repay the loan
  • Interest rates are personalised, making this an affordable option

Standard Bank Overdraft

  • To qualify for a Standard Bank overdraft, you need to earn a minimum of R8 000 a month
  • The maximum loan limit is R200 000
  • Borrowers will have recurring months to repay the overdraft
  • The interest rate is personalised
  • Draw money whenever you need it from an overdraft facility that is always available
  • You will be able to change your limit with online banking or at AutoPlus ATMs
  • You will only pay interest on the amount that you have used during the month
  • You will be able to avoid minimum monthly repayments with full settlement the minute your salary is paid
  • Your overdraft is insured so whatever is outstanding will be settled in the event of dread disease, death or disability

There is a Standard Bank Personal Loan for everyone – which one is for you? With so many products and options, borrowers are spoilt for choice.