South Africa
Term Loan
Get a personal loan at a fixed monthly repayment amount and pay it off at a term you feel comfortable with.
R
7 500
Minimum Monthly Income
R
300 000
Maximum loan amount
12 to 72
Months to repay
Personalised
Interest rate
WHAT OUR TERM LOANS CAN DO FOR YOU
Affordable interest
The Annual Percentage Rate (APR) for your personal loan is a maximum of 24.75%
Easy to get
Apply for your Term Loan online or on the Banking App to find out how much you qualify for
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 for your loan 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
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:
- A valid South African ID document or Smart card
- 18 years or older
- Proof of residence not older than 3 months
- 1 month's payslip
- The last 3 months’ bank statements, if you don’t bank with us
-
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 for your loan 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
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:
- A valid South African ID document or Smart card
- 18 years or older
- Proof of residence not older than 3 months
- 1 month's payslip
- The last 3 months’ bank statements, if you don’t bank with us
As an example, the estimated repayments of a Term Loan of R30 000 over 36 months at an interest rate of 24.50% 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 24.50% as per the NCA regulation.
Calculate repayments
Work out how much you’ll potentially repay each month
Managing your finances
Managing your loans
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Credit empowers you to buy what you want when you need it, but it requires careful management to keep your credit record in good standing
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Managing your bond arrears
Missing the payments on your bond can quickly result in losing your home. We can relieve your financial stress by helping you settle your bond through an early sale.
What we can do for you
What we can do for you
Instead of recommending generic solutions that may or may not be right for you, we prefer to understand your unique situation. Some of the solutions offered through our Debt Care Centre include:
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