Term Loan
Get a personal loan at a fixed monthly repayment amount and pay it off at a term you feel comfortable with.
R
3 000
Minimum monthly income
R
300 000
Maximum loan amount
12 to 84
Months to repay
Personalised
Interest rate
*
Ts&Cs apply
What our Term Loans can do for you
Personalised interest
Explore our personalised interest rates for your loan application
Apply online
Apply for a personal loan online or on our Banking App and a get a quote in minutes
Your terms
Repay your personal loan over 12 months to 72 months - the choice is yours
UCount Rewards
You can pay your monthly instalment with your UCount Rewards Points
How it works
- You can apply for a Term Loan via Internet Banking or our Banking App
- Once approved, your Term Loan will be paid into your account immediately
- There are no early termination fees if you choose to pay off your Term Loan sooner
- Your Rewards Tier will be increased as a UCount Rewards member
- Your Term Loan can be insured for disability, retrenchment, dread disease or death
what it costs
- Monthly service fee: R69
- Once-off initiation fee: R1207.50 (VAT included)
- Personalised interest rate
How to get it
If you’re a Standard Bank customer:
Apply for your loan via our Banking App:
- Open your Standard Bank App and sign in
- Click More and select Open a new account
- Click on Personal Lending to see how much you qualify for
- Follow the easy steps and if approved, the money will be deposited into your account
Apply via Internet Banking:
- Sign into Internet Banking
- Click the Borrow button
- Follow the easy steps and if approved, the money will be deposited into your account
Apply via Cellphone Banking:
- Dial *120*5626# on your cellphone
- From the menu, choose option 3
- Follow the easy steps
- You will receive an SMS on whether your application is successful
- One of our agents will then get in touch with you to proceed
If you’re a non-Standard Bank customer:
You can still start your Term Loan application online, click on Do I Qualify at the top of the page to see how much you can qualify for, then submit the Call Me Back form and we will call you back to complete your application.
When you visit your nearest branch to complete your application, we require the following documents:
- Valid South African ID or Smart card
- Proof of residence not older than 3 months
- 1 Month's payslip
- Last 3 months’ bank statements,
*You must be 18 years or older
-
How it works
-
what it costs
-
How to get it
- You can apply for a Term Loan via Internet Banking or our Banking App
- Once approved, your Term Loan will be paid into your account immediately
- There are no early termination fees if you choose to pay off your Term Loan sooner
- Your Rewards Tier will be increased as a UCount Rewards member
- Your Term Loan can be insured for disability, retrenchment, dread disease or death
- Monthly service fee: R69
- Once-off initiation fee: R1207.50 (VAT included)
- Personalised interest rate
If you’re a Standard Bank customer:
Apply for your loan via our Banking App:
- Open your Standard Bank App and sign in
- Click More and select Open a new account
- Click on Personal Lending to see how much you qualify for
- Follow the easy steps and if approved, the money will be deposited into your account
Apply via Internet Banking:
- Sign into Internet Banking
- Click the Borrow button
- Follow the easy steps and if approved, the money will be deposited into your account
Apply via Cellphone Banking:
- Dial *120*5626# on your cellphone
- From the menu, choose option 3
- Follow the easy steps
- You will receive an SMS on whether your application is successful
- One of our agents will then get in touch with you to proceed
If you’re a non-Standard Bank customer:
You can still start your Term Loan application online, click on Do I Qualify at the top of the page to see how much you can qualify for, then submit the Call Me Back form and we will call you back to complete your application.
When you visit your nearest branch to complete your application, we require the following documents:
- Valid South African ID or Smart card
- Proof of residence not older than 3 months
- 1 Month's payslip
- Last 3 months’ bank statements,
*You must be 18 years or older
As an example, the estimated repayments of a Term Loan of R30 000 over 36 months at an interest rate of 24.75% pm would be R1 423 per month. This includes the monthly service fee of R69 and the once-off initiation fee of R1 207.50 (VAT inclusive). Our interest rates are personalised up to a maximum of prime plus 17.5% as per the NCA regulation.
Calculate repayments
Work out how much you’ll potentially repay each month
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