Standard Bank is a leading financial services organisation, founded in South Africa. They focus on…
Standard Bank is a leading financial services organisation, founded in South Africa. They focus on building the leading Africa-focused financial services organisation using their competitive advantage to the full. They have been operating for the last 150 years and offer a variety of financial services.
Standard Bank Personal Loans range in price depending on your personal credit profile and their payments are fixed for the duration of the loan which means you will not be affected by interest rates and the minimum loan repayment term with Standard Bank is 9 months, and the maximum is 42 months.
The loan needs to be paid via debit order and in accordance with your salary. That means if you get paid, whether you get paid fortnightly, weekly or monthly, your Standard Bank personal loans instalment will be deducted whenever you get paid.
The repayment term can be shortened by depositing more than the minimum instalment. Standard Bank personal loans require you take out credit life insurance along with your loan and Standard Bank does offer a debt protection plan which will cover you in case of death, disability and retrenchment. This premium will be included in your personal loan instalment calculation.
Standard Bank contact details:
5 Simmonds Street