Whether you need money for unexpected expenses, a medical emergency, or to fund a specific project, Sanlam can offer you a fixed-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.
Read more about how good credit can work for you as part of your financial planning.
See if you qualify or phone +27 86 144 0044 to apply.
How Sanlam Personal Loans work.
View frequently asked questions.
Complete your saved loan application.
In 2018, Sanlam Personal Loans ran a competition to reward loyal clients who manage their loan accounts well. Watch the video below to see who the lucky winners were.
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.
You can learn more on the DebiCheck website.
As WealthsmithsTM, Sanlam promotes responsible lending. Here’s how our clients use their loans to promote wealth:
19%on debt consolidation
26%on home improvements
Sanlam Reality is the loyalty programme that rewards you for looking after your money with discounts on wealth, health and lifestyle services.
If you are a member, you could be eligible for a cashback reward of up to 20% or R 20 000 after 12 months' monthly repayments on your Sanlam Personal Loan.
One cashback per loan agreement. Terms and conditions apply.
Discover how Sanlam Reality can work for you.
You can apply for any amount, from R5 000 to R200 000 in increments of R1 000.
With a Sanlam Personal Loan your loan amount will be deposited quickly and directly into your bank account.
When applying for a loan you will need to provide the following:
No, you don't as the Sanlam Personal Loan is unsecured.
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.
Sanlam will always do its best to accommodate your requests, but ultimately your final loan amount will be based on your personal financial profile and is subject to credit approval.
To qualify for a loan you have to both work and live in South Africa.
The money is yours to spend as you see fit.
Repayment terms for a Sanlam Personal Loan range from 24 months to 6 years (72 months) and are based on the loan options table below.
No. The interest rate on your loan will be fixed at our current interest rate for your full loan term, so your repayments will never increase, even if the interest rate goes up.
For your convenience, your repayments will be deducted by debit order from the bank account into which your salary is paid every month.
Every Sanlam Loan includes our Personal Protection Plan, which settles your outstanding loan balance in the event of your death, permanent disability or certain dread diseases. It also provides limited cover in the event of temporary disability and should you be retrenched, a once-off payment equal to six instalments will be paid out to you. Of course, you're free to substitute the plan with a policy of your choice, providing the cover offered is equivalent.
Qualifying Sanlam Reality members could get up to 20% of their loan repayments back once they’ve made 12 consecutive repayments. For more information on how to join, visit the Sanlam Reality website.
Did you start the loan application process but forgot to finish it? Rest assured we have saved your progress and your information is in safe hands. Simply visit our secure application platform to pick up where you left off and complete your online application.
You can request the below documents in English, Afrikaans, isiZulu, Sesotho or isiXhosa by sending an email to email@example.com.
Terms and Conditions for personal loan agreements are available in English and Afrikaans.
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.