How to apply for a Standard Bank personal loan
You can start an application on standardbank.co.za, inside the Standard Bank banking app, or at a branch nationwide. Existing transactional clients usually enjoy pre-populated details and faster decisions; new clients should gather documents before you begin.
Step-by-step workflow
- Model your repayment — Use the online personal loan calculator to estimate instalments for your target amount (R10,000–R300,000) and term (12–72 months).
- Launch the application — Select "Apply now" on web or app. Current clients can authenticate with online banking credentials.
- Capture personal data — Supply your South African ID number, residential address, employment status and contact numbers.
- Declare income and expenses — Enter net monthly earnings (minimum R3,000 on file), living costs and existing debt so the bank can run the NCA affordability test.
- Upload supporting documents — Provide three recent payslips, three months' bank statements, and proof of address not older than three months. Salary-deposit clients may need fewer items.
- Credit assessment — Standard Bank pulls bureau records from TransUnion SA and Experian SA, then calculates a personalised fixed rate within the ~13%–~29% band.
- Review disclosures — Read the pre-agreement statement showing initiation fee (up to R1,207.50 + VAT), monthly service (R69 + VAT), optional credit life, and total cost of credit.
- Sign electronically — Accept the credit agreement digitally. Funds disburse by EFT—same day to Standard Bank accounts for many existing clients, one to two business days for new profiles.
Documents checklist
| Item | Purpose |
|---|---|
| SA ID or Smart ID | Identity and age gate (18+) |
| Payslip trio | Income verification |
| Bank statement trio | Cash-flow corroboration |
| Proof of residence | Contact file update |
Tips for a smoother outcome
Apply via the app if you already bank with Standard Bank. Avoid simultaneous applications at multiple lenders—each enquiry affects bureau scores. Settle or reduce short-term debt before applying to improve affordability headroom. Ask for stamped payslips if your employer issues informal slips.
Help desk
0860 123 000 or personal.loans@standardbank.co.za, Mon–Fri 08:00–17:00, Sat 08:00–13:00.
