Standard Bank offers loans of up to R300000. If you have terms longer than three months, Standard will provide you with credit life insurance that will pay off your loan in the event of death, disability or retrenchment.
Loans can be taken out online if you are a customer whose salary is deposited into a transaction account, and the bank has been provided with a copy of your ID and proof of residence. Find out how much you qualify for by simply dialing *120*5626# from your SA cell number and save up to R500 on your monthly repayments.
A personal interest rate package will be tailor-made for you depending on your riskprofile, credit rating, income and your other banking products.
To apply you must produce a bar-coded South African ID,
Income of at least R1000 a month,
Be aged between 18 and 65
Have a bank account with a debit order facility.