Standard Bank is a leading Africa-focused financial institution with a 154 year history in South Africa. The bank currently operates in 20 countries on the African continent.
Standard Bank offers a range of transactional services designed to make the lives of clients easier. One of the bank’s offerings, Standard Bank Personal Loans, offer competitive solutions.
What are the benefits of Standard Bank Personal Loans?
Loans are offered with a personalised interest rate.
You have the option of revolving or extending your loan term.
There are no early termination fees.
You get to increase your rewards tier as a UCount member.
Once you’ve been approved for the loan, the funds are paid straight into your account.
There are no limits in terms of how you can use the loan. Once you’ve been approved, you have the financial freedom to meet any of your financial goals. These loans may be ideal for if you want to upgrade your home and do some renovations or even pay for your child’s school fees. Paying for an unexpected medical bill or for car repairs can be facilitated by Standard Bank Personal Loans.
The application process is quick and simple.
You get to choose between a fixed term repayment option or a flexible term option.
There are also no penalties charged for early settlement of the loan.
Standard Bank strives to give clients peace of mind. For this reason, Standard Bank Personal loans include Credit Life Insurance which makes sure that your loan amount is covered in the event of unfortunate circumstances such as death, permanent or temporary disability or retrenchment.
What are the requirements?
- Be between the ages of 18 and 65 years old
- Be a South African citizen
- Be formally employed
- Have a bank account with a debit order facility
- Have a consistent monthly income of R3000 per month or more
To contact Standard Bank, call: 0860 123 000.
Visit their website here: www.standardbank.co.za