Loan amountR 1 000 – R 300 000
Repayment term12–84 months
Interest ratePersonalisedFixed annual rate; quote required

What to know at a glance

Available to other-bank customers. The published borrowing range starts at R 1 000. Approval and your final terms depend on the lender’s assessment.

Fees and the full cost

The Term Loan includes credit life. The January 2026 mandatory policy is used below; the separate voluntary policy is not treated as this loan’s tariff.

Initiation fee
R1,207.50 including VAT in the R30,000 / 36-month example. It can be paid separately or added to the loan; the example is not a universal fee formula.
Monthly service fee
R69 per month on the product page and in its representative example. Confirm the VAT breakdown in your quote.
Credit life / protection
Mandatory Loan Protection Plan, with suitable replacement cover allowed. Monthly premiums change with the average outstanding loan amount; the policy schedule sets the price. The January 2026 policy covers death, disability, loss of employment and specified critical illness, with exclusions and waiting periods. The general page’s R4 voluntary-plan administration fee is not added to this loan.

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 published rate ceiling is prime + 17.5 percentage points; no starting rate is confirmed. The 24.75% representative example is not a minimum. The voluntary protection plan’s separate administration charge is not applied to this loan.

Before you apply

  • 18 or older; South African ID
  • At least R3,000 monthly income
  • Proof of address under three months old
  • One payslip and three bank statements

What happens next?

The button takes you to Standard Bank’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: NCRCP15. This is not a live registry verification. Check the NCR register and confirm the legal entity before applying.