Sanlam – online loan South Africa
Online loans up to R200.000
Amount
R5K – R200K
Interest from
21.90%
Term
2 – 6 years
Approval
24 hours
Applying does not commit you to a loan agreement.
Screenshot of https://www.sanlam.co.za
How to apply for Sanlam loan
- Use online sliders to choose the amount and term
- Apply for the loan
- Fulfill the form
Quick overview
- Amount, R5.000 - R200.000
- Term, 2 - 6 years
- Age: 18 + years
Loan example
| Amount | Fee | Total payment | Term |
|---|---|---|---|
| R50.000 | R60.594.54 | R110.594.54 | 6 years |
Loan example
Let’s look at an illustrative example of a loan at an interest rate of 27.75% per annum: The loan amount is R50 000 plus a once-off initiation fee of R1 207.50 and a monthly admin fee of R69, over 72 months. This means that the total cost of the loan will be R110 594.54, which is a maximum Annual Percentage Rate (APR) of 30.98%.
Video review
Loan requirements
- ✓ 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)
Loan features
- Online loans up to R200.000
- Term 2 - 6 years
- Easy online application
Frequently asked questions
24 hours after submitting your application.
The minimum amount at Sanlam is R5,000.