Standard Bank Revolving Credit Plan

Standard Bank offers a Revolving Credit Plan which is a loan of fixed monthly payment and what is nice about this loan is that it allows you to borrow again up to your original loan amount, once you have repaid 15% of the loan.

The benefits of having a RCP:

  • You can get a loan between R6 000 and R 300 000 (depending on your affordability and risk profile).
  • Once you have repaid 15% of the loan, you may borrow again up to your original loan amount and your repayments will remain unchanged.
  • You can apply to increase the limit on your existing RCP when you require additional funds.
  • The minimum repayment remains fixed for the life of your loan account which enables you to budget more effectively.
  • The interest rate is linked to the prime rate and will be based on your risk profile.
  • When the prime interest rate changes, your minimum repayment amount remains unchanged whilst the loan period increases or decreases.
  • You can pay extra into your loan whenever you have extra cash.
  • You have the option of taking out insurance which will give you the peace of mind of knowing that your loan will be settled in full in the event of Death, Disability and Dread disease, and up to a maximum of 3 monthly installments will be paid upon retrenchment. The Benefit paid will be dependent on the option of cover selected.

Fees:

  • You will be charged a once-off initiation fee at origination; thereafter a monthly service fee will be levied.

To qualify for an RCP, you have to:

  • be 18 years or older;
  • be a South African citizen or permanent resident with a South African identity book;
  • earn a gross monthly income of at least R8000;
  • have a transaction account;
  • have your salary electronically deposited into your transaction account.

To apply for a new loan or an increase in your existing loan you can:

  • apply online or
  • Visit your nearest branch. To find your nearest branch, and bring along:
    • your South African identity book;
    • your latest salary slip or confirmation of your income;
    • proof of your current residential address and,
    • two months bank statements if you do not bank with Standard Bank.
  • You can also Dial *120*5626# to see how much you could qualify for.

Please read the Terms and conditions of the product.

If you need more information call us on 0860 123 000

Standard Bank supports responsible lending. Speak to your Banker should you need help managing your debt.

Standard Bank Revolving Credit Contact Number: 0860 123 000 | +27 11 299 4701

standard-bank-revolving-credit-plan

standard-bank-revolving-credit-plan

Standard Bank Personal Loans

Applying for a loan at Standard Bank is as easy as abc, all you have to do is to go to your nearest standard bank branch or dial *120*55626#, if you earn from R1000pm, you can qualify for up to R300 000 with a Standard Bank Personal Loan.

Features and benefits:

  • Competitive interest rates
  • Quick and hassle free application process
  • Fixed minimum monthly repayments which enable you to budget more effectively
  • Your  money will be transferred directly into your transactional account
  • No early termination fees if you pay off the loan earlier
  • For loan terms greater than 3months , we provide credit life insurance that will pay off your loan in the event of natural or accidental death, permanent or temporary disability or retrenchment

What do you need to qualify?

  • You need to be a South African citizen
  • Between the age of 18-65
  • Formally employed
  • Have a consistent monthly income and earning R1000 or more a month, before deductions
  • Have a bank account with a debit order facility
Standard Bank Personal Loan

Standard Bank Personal Loan

FNB Temporary Loan

The FNB Temporary Loan is available at any FNB ATM, Online, through Cellphone Banking or any FNB branch, The Temporary Loan is available immediately in your Personal Cheque Account or Smart Account.

The money will be credited to your account instantly if you qualify, should you repay the total loan, or outstanding balance within 31 days, you don’t pay any interest.

fnb temporaly loan

fnb temporaly loan

FNB Revolving Loan

FNB offers you a Revolving Loan, the revolving loan is available once you have re-paid 15% of the loan, then you can access the funds again.

Once you have re-paid 15% of the loan you can access these funds again, Monthly payments are made via debit order, You only pay a minimum monthly fee of R40 when you make use of the facility.

Documents required

  • Valid South African green bar coded ID or passport
  • 1 month’s payslip if you are paid monthly/ two for fortnightly paid/ four for weekly paid
  • 3 months bank statement for non-FNB customers
  • Proof that you have been employed for at least 6 months

Qualification criteria

  • Aged between 18 and 63 years old
  • Have an active bank account for at least 3 months
  • If you have more than R750 left after paying all your bills, you can apply for a personal loan
fnb revolving loan

fnb revolving loan

FNB EasyLoan

FNB offers a EasyLoan which is a Loan that start from R250 to R60 000 paid out within 10 minutes, its has Easy repayment period of 1 – 60 months.

And it contains a Loan insurance cover – in the event of death, retrenchment, dread disease as well as permanent disability, its a FNB EasyLaon is a loan built for Weekly/ fortnightly earners do qualify for Easy Loans.

Documents required

  • Valid South African green bar coded ID or passport
  • 1 month’s payslip if you are paid monthly/ two for fortnightly paid/ four for weekly paid
  • 3 months bank statement for non-FNB customers
  • Proof that you have been employed for at least 6 months

Qualification criteria

  • Aged between 18 and 63 years old
  • Have an active bank account for at least 3 months
  • If you have more than R750 left after paying all your bills, you can apply for a personal loan
FNB EasyLoan

FNB EasyLoan

Direct Axis Personal Loans

Get a convenient Personal Loan designed for you at Direct Axis, Personal Loan that is up to R150 000.

A Direct Plus Loan of up to R150 000 with fixed interest rates! For those larger needs and expenses, a Direct Plus Loan amount from R50 000 up to R150 000, could be the answer. This loan is secured against your home. Opt for a repayment term from 4 to 10 years. A portion of the loan could be in your bank account directly and the balance could be within 2 months. An added benefit is that DirectAxis pays for the full conveyancing fees.

Fixed rates

Repayments are fixed at our current interest rate for the full term of your cash loan – they never go up, no matter how much interest rates do!

Easy access

Apply for a loan online or over the phone 7 days a week from 8am to 8pm.
No face-to-face interviews or unnecessary paperwork.
Cash deposited directly into your bank account.

directaxis loans

directaxis loans

Edgars Personal Loans

Edgars Personal Loans gives you a freedom of money, A cash loan that gives you money to spend as you like plus free vouchers to spend at Edgars.

Cash for you to spend on anything you like. A fixed interest rate, which means monthly repayments remain the same throughout the loan period. No penalty fees for early settlement. The opportunity to apply for a top-up loan after 6 months.

You also get a R250 back in Edgars Vouchers.

Edgars Personal Loan Contact Details:

Call 0861 000 123

edgars personal loans

edgars personal loans

Wonga Personal Loans

Wonga offers little loans from R100 to R2000 and now if you are a new customer you can get up to R2500 from your loan, the loan is payable in a period of 1 month.

To find out how much you qualify for just goto wonga.co.za and use the slides that dertermine how much and for how long will it take you to pay the loan back.

Wonga plans to transform the South African credit market by offering small, short term loans online with more speed, convenience and flexibility than banks, traditional lenders and other websites.

Wonga Contact: www.wonga.co.za

wonga payday personal loans

wonga payday personal loans