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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.


View frequently asked questions.


Complete your saved loan application.

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 294.24
Total amount repayableR55 687.97
36 monthsR1 734.77
Total amount repayableR62 451.66
48 monthsR1 464.21
Total amount repayableR70 281.99
60 monthsR1 308.88
Total amount repayableR78 532.69
72 monthsR1 210.83
Total amount repayableR87 179.68
Loan amount R60 000
24 monthsR3 374.25
Total amount repayableR80 982.00
36 monthsR2 543.25
Total amount repayableR91 556.88
48 monthsR2 141.37
Total amount repayableR102 785.77
60 monthsR1 910.65
Total amount repayableR114 639.07
72 monthsR1 487.92
Total amount repayableR107 130.34
Loan amount R80 000
24 monthsR4 454.26
Total amount repayableR106 902.36
36 monthsR3 351.72
Total amount repayableR120 662.10
48 monthsR2 818.53
Total amount repayableR135 289.56
60 monthsR2 512.42
Total amount repayableR150 745.45
72 monthsR2 319.20
Total amount repayableR166 982.32
Loan amount R100 000
24 monthsR5 534.28
Total amount repayableR132 822.71
36 monthsR4 160.20
Total amount repayableR149 767.32
48 monthsR3 495.69
Total amount repayableR167 793.34
60 monthsR3 114.20
Total amount repayableR186 851.83
72 monthsR2 873.38
Total amount repayableR206 883.64
Loan amount R120 000
24 monthsR6 614.29
Total amount repayableR158 743.07
36 monthsR4 968.68
Total amount repayableR178 872.54
48 monthsR4 172.86
Total amount repayableR200 297.13
60 monthsR3 715.97
Total amount repayableR222 958.21
72 monthsR3 427.57
Total amount repayableR246 784.96
Loan amount R140 000
24 monthsR7 694.31
Total amount repayableR184 663.42
36 monthsR5 777.16
Total amount repayableR207 977.75
48 monthsR4 850.02
Total amount repayableR232 800.91
60 monthsR4 317.74
Total amount repayableR259 064.59
72 monthsR3 981.75
Total amount repayableR294 636.95

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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