Term Loan

Get a personal loan at a fixed monthly repayment amount and pay it off at a term you feel comfortable with. If you don’t bank with us, you will qualify for a 2% discount on your interest rate when you switch your current account to Standard Bank, plus a further 1% if you move your salary.
WHAT OUR TERM LOANS CAN DO FOR YOU
Affordable interest
Easy to get
Your terms
UCount Rewards
- 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
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How it works
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what it costs
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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
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