How to apply for a personal loan
Applying for a Sanlam personal loan is straightforward. You can apply for between R5,000 and R350,000 in increments of R1,000, subject to our lending criteria and credit approval.
Choose your loan amount
Decide how much you need to borrow, from R5,000 to R350,000.
Choose your repayment term
Choose a repayment period from 12 months to 84 months based on what you can afford.
Apply online
Complete your personal loan application online and provide the required supporting documents. We assess your application based on your financial circumstances and credit profile.
What do you need to apply
To apply for a Sanlam Personal Loan, you will need to provide supporting documents so that we can assess your application.
You will need:
- be 18 years or older
- be a South African citizen with a valid ID,
- have a mobile number & email address,
- submit 3 months’ bank statements, showing 3 salary deposits.
Calculate
Personal loan calculator
Your actual repayment amount will depend on factors such as the amount you borrow, repayment term, interest rate and applicable fees.
How much do you need?
Enter a loan amount between R4,000 and R350,000
Over how many months would you like to repay it?
Monthly Repayment: R
Monthly Service Fee: R69
Interest Rates: 16% - 28%
faqs
Need to know more?
How much can I apply for?
You can apply for any amount, from R4,000 up to R35,0000 in increments of R1,000.If I'm approved, how soon will I get my money?
If approved, your Sanlam Personal Loan amount could be paid directly into your bank account within 24 hours, depending on how quickly you can submit the necessary supporting documents.Do I need to provide any documents?
Yes, you will need to provide bank statements for the last 3 months, showing 3 salary deposits.
You can choose to upload these during the application process or email them to docs@sanlamgotyme.co.za
Is collateral necessary to secure my personal loan?
No, you don't as the Sanlam Personal Loan is unsecured.Do I need to get permission from my spouse to take out a loan?
If you are married in community of property or under customary or foreign law, you will require consent from your spouse to enter into any credit agreement.
Fund your dreams and win with Sanlam Personal Loans
avoid scams
Don't get caught by loan scams
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.
Beware of messages that:
- guarantee high returns
- pressure you to act quickly
- demand upfront payments
- promise low interest rates for personal loans
Get in touch
Speak to an expert
Monday to Friday 08:00 - 20:00
Saturday 08:00 – 20:00
Sunday – 08:00 – 14:00 Client support
Monday to Friday 08:00 - 20:00
Saturday 08:00 - 20:00
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