How to get a personal loan online
It wasn’t so long ago that you had to visit your nearest bank - tons of paperwork in tow - to apply for a personal loan.
The process was a daunting and time-consuming exercise, which meant that needing money for those unexpected and expected expenses was often met with headaches and frustrations. These days, applying for a personal loan is as easy as signing into your Standard Bank app or Internet Banking profile where you can apply for a loan even if you don't currently bank with us.
Why a growing number of people apply for an online loan:
Quick approval- Applying online means your loan gets approved quicker, while you also get to see how much you qualify for and what your repayments will be.
- You can get an interest rate as low as 13%, depending on your risk profile.
- Getting an online loan means you don’t have to make several trips to the branch to see whether you have qualified or not, therefore saving you time and money.
How to get your online 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 can get
- Follow the instructions
- Ka-ching! The money will be deposited into your account.
How to get your online loan via Internet Banking:
- Visit onlinebanking.standardbank.co.za on your desktop
- Click the “Borrow” button
- Follow the instructions
- Ka-ching! The money will be deposited into your account.
How to get your online loan via Cellphone Banking:
- Dial *120*2345# on your cellphone
- From the menu, choose option 3
- Follow the instructions
- You will receive an SMS on whether your application is successful
- One of our agents will then get in touch with you to proceed.
Getting a personal loan has never been quicker, easier and more convenient.