About – Standard Bank
Standard Bank sets the quality standards in the South African banking sector. With its 151 years of history in the country, it is a leader in personal and business banking, livery, and corporate and investment banking.
Over the years, it has spread its activity to 17 other African countries and currently has over 1250 branches and over 8500 ATMs all over the continent.
Listed on the Johannesburg & Namibian stock exchanges.
At the end of 2012, it had headline earnings of R15 billion and total capitalisation of R191 billion.
It has strategic partnership with banks in Africa and China. It has BBB rating from Standard & Poor's and Fitch.
Services – Standard Bank
The Standard Bank Personal Loan is the best quick cash solution that you can find in the South African Credit market. If you earn more than R3000pm, you can take out as much as R300 000.
Competitive interest rate.
The advantages of the loan include competitive interest rate, quick application and approval, fixed minimum monthly repayments, no penalty fee for early termination plus optional credit life insurance.
The loan is available to all South Africans who are between 18 and 65 years of age and have formal employment making R3000 or more before deductions plus a bank account with debit order feature. The loan can be used for anything from making a major purchase to paying school fees.
Summary of Services
- Short Term Loan
- Instant Cash Loans
- Personal Loans
- Payday Loans
- Cash Loans
- Fast Money
Standard Bank Quick Loans - How High Do They Score
There are many times when you need to spend more money than you have at the particular moment. In such situations, you would want to get a fast and affordable credit product. This Standard bank quick loans review will help you decide how well these products meet the major requirements that you have.
Standard Bank is among the oldest and largest banks in South Africa. Its products are highly competitive while its customer service is dedicated and professional. You can expect excellent personal treatment and great attention to detail. The bank can be your long-term financial partner.
loans are available quite fast
The Standard Bank quick loans are available quite fast indeed. You can make an online application in a matter of minutes. You will learn the outcome quite quickly, possibly on the same day. It may take a bit of time for the application documents to be arranged and processed, but you should not expect to wait for too long. You will have access to the granted funds soon after signing the loan agreement.
There are several requirements which you must meet in order to qualify for one of these unsecured personal loans. You must be an employed South African citizen aged from 18 to 65. Your monthly income must be at least R3 000 before deductions. When you apply for a loan, your credit record will be checked. People who are blacklisted have very low chances of getting such a credit product.
borrow between R6 000 and R30 000
There are two types of Standard Bank quick loans to pick from. The Revolving Credit Plan (RCP) enables you to borrow between R6 000 and R30 000. Once you have repaid 15% of the loan in the form of fixed monthly instalments, you will be able to redraw cash up to a set limit. This solution is highly flexible and convenient, but you must be extremely financially disciplined in order to be able to repay the loan without getting into too much debt.
The Access Loan allows you to borrow cash up to R80 000 for a period from 1 to 5 years. The interest rates are competitive, but are determined based on the individual credit profile of the applicant. The monthly payments are fixed and this is quite beneficial.
This review concludes that the Standard Bank quick loans are quite useful. They are flexible and fairly affordable.
Contact Details5 Simmonds Street
Phone: 0860 123 000 / 011 299 4701
Email: [email protected]
Other Email: [email protected]
Postal AddressPO Box 7725
Standard Bank Universal Branch Code: 051001