Get a Sanlam Personal Loans

Get a Sanlam Personal Loans,loan,Online Loan,

Sanlam Personal Loans

Get a loan of up to R250 000 at a fixed interest rate.

Whether you need money for unexpected expenses, a medical emergency, or to fund a specific project, Sanlam can offer you a fixed interest rate personal loan according to your needs and circumstances. We are a responsible lender and will never lend you more than you can comfortably afford to repay.

Sanlam Personal Loans
Sanlam Personal Loans

Apply Online

Whether you need money for unexpected expenses or to fund a specific project, Sanlam Credit Solutions can help you access a fixed interest rate personal loan. Complete the form below to see if you qualify.

How to Streamline Your Application

To streamline your application, please upload the following documents through our easy online
  application portal:
A clear copy of your South African ID
A recent document confirming your residential address
Up to 3 months’ recent, original bank-generated PDF statements (available via e-mail from your bank or from your banking app) or payslips, as proof of income

Don't Become a Victim

The financial world attracts plenty of bad people looking to take advantage of good people like you. We urge you to constantly be on the lookout for suspicious emails and messages, and tread lightly around potential scam artists who claim to be affiliated with Sanlam. We assure you that Sanlam is in no way involved, and we therefore discourage you from responding to any fraudulent offers.

Online fraudsters are targeting anyone and everyone. Before you open an email or SMS, always ensure that the sender is someone you trust and that you recognise the email address or phone number. Should you receive a loan offer, investment opportunity, or any piece of Sanlam communication that makes you feel uneasy, please contact our customer care team or report it to your local police station.

How Sanlam Personal Loans Work

You can apply for any amount, from R5 000 to R200 000 in increments of R1 000
You can tailor your repayment term to suit your budget (from 24 months to 6 years)
Repayments are fixed for your full loan term, so that you can budget ahead easily
Sanlam will always take your current financial circumstances into consideration and never lend you more than you can comfortably afford to repay
Qualifying Sanlam Reality members could get up to 20% of their loan repayments back once they’ve made 12 consecutive repayments

What You Need to Know about Debit Order Authorisation

The South African Reserve Bank and the Payments Association of South Africa have introduced a new initiative called DebiCheck, as a way to help protect South Africans against fraudulent and incorrect debit order authorisations.

We have now also adopted DebiCheck as part of our processes – which we will be gradually introducing to our clients. This simply means that, should you decide to take out a loan with us, we may ask you to authorise your debit order with your bank.

Monthly Loan Repayments

When you decide to take out a Sanlam Personal Loan*, our consultants will determine your interest rate and initiation fee according to your personal risk profile. Your loan repayment term can range from 24 to 72 months, and the interest rate is between 15% and 25% per annum (compounded monthly).

Let’s look at an illustrative example of a loan at an interest rate of 24.50% per annum: The loan amount is R50 000 plus a once-off initiation fee of R1 207.50 and a monthly admin fee of R69, over 72 months. This means that the total cost of the loan will be R102 085.93, which is a maximum Annual Percentage Rate (APR) of 27.29%.

*Loans are subject to the National Credit Act, No 34 of 2005. Loans from Sanlam Personal Loans are administered and managed by DirectAxis, an authorised Financial Services Provider. Sanlam Personal Loans (Pty) Ltd Reg. No. 2001/016316/07, Registered Credit Provider (NCRCP272), is a joint venture between Sanlam Life Insurance Ltd and Direct Axis SA (Pty) Ltd. Reg. No. 1995/06077/07.

disclemer: only information purpus. loan apply orignal link is above.

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