Loan amountR 4 000 – R 350 000
Repayment term12–84 months; see available terms
Interest rateConfirm current rateFixed annual interest; source labels differ

What to know at a glance

Fixed-rate personal borrowing. The published borrowing range starts at R 4 000. Approval and your final terms depend on the lender’s assessment.

Fees and the full cost

Sanlam’s public example includes an initiation fee and monthly service fee. The product page and application portal identify different credit providers, so confirm the current tariff and insurance in the SanlamGoTyme quotation.

Initiation fee
R1,207.50 in the R50,000 representative example. The page says your initiation fee depends on your risk profile. A universal fee formula and VAT treatment are not confirmed there.
Monthly service fee
R69 per month in the example and calculator. Confirm the amount and VAT treatment in your current written quote.
Credit life / protection
The product page says every loan includes a Personal Protection Plan covering death, permanent disability and specified serious illnesses, with limited temporary-disability cover and a retrenchment benefit equal to six instalments. Equivalent replacement cover is allowed. The premium, premium basis and detailed exclusions are not published on the reviewed page; confirm them with the current provider.

Compare your total repayment as well as the monthly instalment. Ask for a written quote showing the exact rate, initiation fee, service fees and insurance applicable to you.

A detail worth checking

The product page lists NCRCP272; its Apply now link leads to SanlamGoTyme, NCRCP22861. The calculator offers 12, 18, 24, 36, 48, 60, 72 and 84 months, while other copy mentions a three-month minimum. Our filters use only the calculator terms. The page also mixes a 16–28% interest range, a 24.5% example and a 27.29% maximum APR label. We do not present these as a verified current rate range or calculate a lender-specific repayment. Confirm current fees, cover and legal entity before accepting an offer.

Before you apply

  • Age 18+ and a South African citizen with a valid ID
  • A mobile number, email address and three bank statements showing three salary deposits
  • The application declaration excludes debt review, administration and insolvency
  • Spousal consent where required by your marital property regime

What happens next?

The button takes you to Sanlam’s official product page. You decide whether to start an application there. The lender may request documents, obtain consent for credit checks and assess affordability.

Browsing Fairloan does not constitute an application. We do not collect your identity number, documents or contact details, and we cannot predict approval.

Sources and registration

Registration information published by the lender: NCRCP22861 (application portal); NCRCP272 (product page). This is not a live registry verification. Check the NCR register and confirm the legal entity before applying.