Standard Bank Term Loan 2023-2024 Application Details

Standard Bank Term Loan Application Details. Get a personal loan at a fixed monthly repayment amount and pay it off at a term you feel comfortable with.

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 personalized up to a maximum of prime plus 17.5% as per the NCA regulation.

What Standard Bank Term Loans Can Do for You

Affordable interest


Enjoy a personalized interest rate on your loan

Apply online

Apply for your loan online or on our 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 installment with your UCount Rewards Points

How Standard Bank Term Loan 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


Standard Bank Term Loan Costs

  • Monthly service fee: R69
  • Once-off initiation fee: R1207.50 (VAT included)
  • Personalized interest rate
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How to Get Standard Bank Term Loan

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*2345# 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





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