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Sanlam Personal Loans

Get a loan of up to R200 000 at a fixed interest rate. Contact us on +27 86 144 0044.

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.

Apply Online

See if you qualify or phone +27 86 144 0044 to apply.

How it Works

How Sanlam Personal
Loans work.


Complete your saved loan application.

Credit Profile

Get your free monthly credit dashboard.

Keep Up Your Loan Payments

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.

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.

You can learn more on the DebiCheck website.

How Our Clients Use Their Loans

As WealthsmithsTM, Sanlam promotes responsible lending. Here’s how our clients use their loans to promote wealth:

on debt consolidation

on home improvements

on education

Learn to Manage Credit

Earn Cash Back on Your Loan

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.


Frequently Asked Questions

How much can I apply for?

You can apply for any amount, from R5000 and R20 000 in increments of R1 000.

If I'm approved, how soon will I get my money?

With a Sanlam Personal Loan your loan amount will be deposited quickly and directly into your bank account.

Do I need to provide any documents?

When applying for a loan you will need to provide the following:

  • A copy of your green barcoded ID book or Smart ID card
  • Your last 3 months’ consecutive payslips or bank statements
  • Your bank account details (account into which your salary is paid)

Do I have to provide collateral to secure my personal loan?

No, you don't as the Sanlam Personal Loan is unsecured.

Do I need to obtain permission from my spouse in order 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.

Can I be refused a loan?

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.

I’m a South African citizen but I don’t live here. Can I still take out a loan?

To qualify for a loan you have to both work and live in South Africa.

Can I use my personal loan amount as I choose?

The money is yours to spend as you see fit.

What are the loan repayment terms?

Repayment terms for a Sanlam Personal Loan range from 24 months to 6 years (72 months) and are based on the loan option tables below. Use these tables to get an indication of what your monthly repayments could be.

Loan amount R40 000
24 monthsR2 263.29
Total amount repayableR54 318.90
36 monthsR1 702.06
Total amount repayableR61 274.04
48 monthsR1 429.66
Total amount repayableR68 623.48
60 monthsR1 272.52
Total amount repayableR76 351.25
72 monthsR1,172.75
Total amount repayableR84 437.95
Loan amount R60 000
24 monthsR3 328.21
Total amount repayableR79 877.06
36 monthsR2 494.61
Total amount repayableR89 806.00
48 monthsR2 090.01
Total amount repayableR100 320.61
60 monthsR1 856.62
Total amount repayableR111 397.18
72 monthsR1 708.43
Total amount repayableR123 006.87
Loan amount R80 000
24 monthsR4 393.13
Total amount repayableR105 435.22
36 monthsR3 287.17
Total amount repayableR118 337.96
48 monthsR2 750.37
Total amount repayableR132 017.74
60 monthsR2 440.72
Total amount repayableR146 443.10
72 monthsR2 244.11
Total amount repayableR161 575.80
Loan amount R100 000
24 monthsR5 458.06
Total amount repayableR130 993.38
36 monthsR4 079.72
Total amount repayableR146 869.92
48 monthsR3 410.73
Total amount repayableR163 714.87
60 monthsR3 024.82
Total amount repayableR181 489.03
72 monthsR2 779.79
Total amount repayableR200 144.72
Loan amount R120 000
24 monthsR6 522.98
Total amount repayableR156 551.54
36 monthsR4 872.27
Total amount repayableR175 401.88
48 monthsR4 071.08
Total amount repayableR195 412.00
60 monthsR3 608.92
Total amount repayableR216 534.95
72 monthsR3 315.47
Total amount repayableR238 713.65
Loan amount R140 000
24 monthsR7 587.90
Total amount repayableR182 109.70
36 monthsR5 664.83
Total amount repayableR203 933.84
48 monthsR4 731.44
Total amount repayableR227 109.13
60 monthsR4 193.01
Total amount repayableR251 580.88
72 monthsR3 851.15
Total amount repayableR277 282.57

Will my loan repayments be affected by interest rate fluctuations?

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.

Can I choose how I make my repayments?

For your convenience, your repayments will be deducted by debit order from the bank account into which your salary is paid every month.

How can I protect my family?

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.

Apply Online

Resume Your Application

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.

Language Preference

You can request the below documents in English, Afrikaans, isiZulu, Sesotho or isiXhosa by sending an email to

  • Personal Loans agreements
    - Quotes and cost of credit documentation
    - Enforcement notices
  • Credit Life policy summaries
  • Marketing material

Terms and Conditions for personal loan agreements are available in English and Afrikaans.

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.

Learn how to spot a scam




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