Important disclosure

Standard Bank Personal Loan Calculator & Product Overview

Standard Bank is one of Africa’s biggest lender by assets. As such, the bank offers a wide range of financial products, among which Standard Bank personal loans.

Select the amount of money you need and repayment duration, with the help of the below tool, and start viewing opportunities of finance.

Calculate repayments

Loan Amount



3 months

Standard Bank of South Africa

Standard Bank Revolving Loan

Estimated Month Repayments
Interest Rate
Repayment Period
1 month
to 60 months
Loan Amounts
to R300,000
Get access to your funds again when you’ve repaid 15% of your loan with the option to increase your original amount over time. Your revolving loan is paid straight into your account. Apply for a loan online or on our banking app and get real-time approval. If you have enough Rewards Points, you can pay your monthly installment with UCount Rewards. The option to increase your loan amount at a later stage.
Standard Bank of South Africa

Standard Bank Term Loan

Estimated Month Repayments
Interest Rate
Repayment Period
12 months
to 72 months
Loan Amounts
to R300,000
Get the loan you’re looking for at the fixed monthly repayment amount and term you feel comfortable with. Your annual percentage rate for a personal loan will not exceed prime + 17.5%. Apply for a loan online or on our banking app to find out how much you qualify for. Choose to repay your loan over 12 to 72 months. Pay your monthly instalment with your Ucount Rewards points. provides factual information in relation to financial products. While attempts to make a wide range of products and providers available, it may not cover all the options available to you. Moreover, we cannot be responsible for changes made to this information by product providers and/or inaccurate information obtained from a product provider. All product information comes from the product provider or publicly available information and to the best of our knowledge is correct at the time of publishing. The information published on is general in nature only and does not consider your personal objectives, financial situation or particular needs and is not recommending any particular product to you. If you decide to apply for a product you will be dealing directly with that provider and not with recommends that you read the relevant product disclosure statement or product guide before taking up any financial product offer. For more information please see's Terms of Use.

Minimum and maximum loan periods vary between 1 months and 10 years. Comparison interest rates vary between 6.55% and 60% p.a. Total interest repayments vary between R685.05 and R844.12 over the life of the loan. *Comparison rate is based on an unsecured loan of R20,000 for a term of 3 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. These rates can change without further notice. All rates quoted are per annum. For more information regarding fees click on "View fees & additional info +" for each product or contact the provider.

About Standard Bank personal loans in South Africa

If you’re thinking of approaching Standard Bank for a personal loan, then this article will give you the best guide on the process. When it comes to top South African lenders, this institution is prominent. The bank has been keeping its doors open for South Africans in the last 150 years.

They offer licensed financial services that are specifically tailored to meet the various needs of Mzansi’s citizens. In this article, we take a close and detailed look at Standard Bank personal loans, in particular. By the end, you should be ready to move on from thinking about borrowing to actually expecting money in your account.

How does the Standard Bank loan calculator work?

This online calculator uses software that allows you to input the amount you want, and the number of months you need to fully repay the credit. The tool will then give you the monthly instalment amount for the product you have chosen. Go ahead and use the Standard Bank loan calculator by following these simple steps:

  • Amount: Use the first slider to choose the amount of money you want to borrow.
  • Term: Use the second slider to choose the number of months you need to pay back the money.
  • Calculate: Click on “Calculate Repayments” to get instant results.
  • Give it another try: It may take a while to find a result you’re happy with. Keep adjusting the figures until you find an affordable monthly repayment.


  • Amount: R50 000
  • Term: 24 months
  • Estimated monthly repayment: R2614
  • Estimated total cost of the credit: R62 736

What do I need to apply for a personal loan at Standard Bank?

  • valid South African ID;
  • proof of residence such as a council bill that is not older than 3 months;
  • payslip showing your earnings for 1 month;
  • 3 months bank statements for those without a Standard Bank account;
  • you should earn at least R7 500 per month; and
  • you should be 18 years and above.

Please Note: This lender also requires you to take out a debt protection plan. This credit life insurance will cover you in case of retrenchment, disability, or death. You can apply for this insurance with any suitable provider. If you choose Standard Bank, the insurance becomes a part of your monthly instalments.

Tips for choosing the best Standard bank loans option for you

Credit is handy for times when you need extra cash to keep things flowing. However, financial responsibility requires that you do your homework before borrowing. Check out these super important tips to make sure you make a fully-informed decision:

  1. Choose a loan for the right reasons – Getting money in your bank account is an exciting feeling. That doesn’t mean you should borrow just because. Instead, consider if it is an absolute necessity.
  2. Choose a  finance you can afford – Don’t be tempted to take on more than you can handle. It is important to remember that the more you take, the more you have to pay back.
  3. Borrow money wisely – If you already have existing debt, applying for another credit can be expensive because of multiple interest rates. It would be best if you kept borrowing to a minimum.
  4. Find out about the interest rate – Knowing about the interest rate is crucial when you borrow money.
  5. Find out how you’ll be paying pack your debt – Payback usually involves monthly instalments. Other times, it can be weekly or every two weeks. Find out how much you’re supposed to pay back for each instalment.

Additional aspects to consider

  1. Repayment method – Is is automated or manual? Furthermore, can you make extra payments without being charged a penalty fee?
  2. Keep up to date with your credit history – You can get one free credit report every year. After that, you can still get one for a very small fee. Take advantage of the opportunity to update your knowledge of what’s on your credit report. This helps you to apply for financial help with confidence.
  3. Ask more questions about Standard bank loans – Do you have any other queries? Feel free to ask, as they have professionals willing to help you. For example, you can receive valuable advice on which option is better suits to your needs.

Standard Bank personal loans summary

The tips mentioned above are very helpful, but you’ll be happy to know we’ve done some work for you. Here are a few figures and information you might be looking for before applying for a Standard Bank loan:

  • Minimum amount: R500
  • Maximum amount: R300 000
  • Monthly instalments: You can choose between 12 and 72 months to repay. Each instalment is debited from your account when your income gets deposited.
  • Interest rates: The Standard bank personal loan interest rate is a maximum of 24.75% (as regulated by the National Credit Act). The APR includes interest plus other costs, such as a monthly service fee and a once-off initiation fee.

To make things a little clearer, here’s a useful example:

  • Let’s say you borrow R36 000, which you decide to pay back over 36 months. With an interest rate of 24.75%, your monthly instalments will be R1 412 each. This includes an initiation fee of R1 207.50 (inclusive of VAT) and a monthly service fee of R69.

How do I make a Standard Bank online loan application?

Existing Standard Bank customers can request finance in the following ways:

  • Through Banking App
  1. Open the Standard Banking App on your phone or tablet and sign into your account.
  2. Click on “More” and next on “Open a new account.”
  3. Now click on “Personal Lending” to see the amount you qualify for.
  4. Finally, follow a few extra steps. If you are approved, the money is then transferred into your bank account.
  • Through Internet Banking
  1. Log into internet banking on your computer to apply online.
  2. Click on “Borrow.”
  3. Finally, follow the simple instructions provided. If you are approved, the money is then transferred into your bank account.

If you’re not already banking with them, here’s how you can apply:

  1. Start your online loan application on the bank’s website.
  2. Click on “Do I qualify?” to check the maximum amount you can apply for.
  3. Enter your details on the form that comes up and click on “Submit.”
  4. A rep. will call you back so you can complete the process.

Why choose Standard Bank for your personal loan?

  • Standard Bank is a registered credit provider in terms of the National Credit Act registration;
  • The bank is also a licensed financial services provider in terms of the Financial advisory and intermediary services act;
  • you get low and personalised interest rates that are fixed throughout the term;
  • affordable monthly instalments;
  • you can make extra payments and pay off the debt early without a penalty fee;
  • easy payouts; and
  • your payments are automatically deducted from your account through a debit order.

More about Standard bank loans

The lender also offers the following products:

  • Standard bank revolving loan

The Standard Bank revolving credit personal loan allows you to get the money you need at any time. In turn, you pay back 15% of your credit.

  • Standard bank study loan

Get help with your education via the easy Standard Bank student loan application.

  • Standard Bank instant loan

This is in the form of an overdraft that is instantly accessible.

  • Standard Bank Consolidation loan

This helps you to consolidate your debt under one account.

Standard Bank online loan application

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