How does a Sanlam Personal Loan with fixed interest rates work

With a Sanlam Personal Loan you can be able to cover for the unexpected expenses, the Sanlam Personal Loan consist of fixed interest rates that don’t increase over the term of the loan.

How does a Sanlam Personal Loan with fixed interest rates work

When you apply for the Sanlam Personal Loan, Sanlam takes your current financial situation so that they can not give you an amount of money that you can not afford to payback, this is very good especially for the consumer as it helps them to avoid getting into debt.

When applying for the Sanlam Personal Loan you can apply for an amount that is from R5000 up to R200 000 with an increment of R1000. Your loan repayment rates are not affected by affected by interest rate fluctuations, the loan interest rate are fixed for the current interest rate for your full loan term, so your repayments will never increase, even if the interest rate goes up.

How to apply for the Sanlam Personal Loan

To apply for this Sanlam Personal Loan you will have to visit Sanlam’s website on www.sanlam.co.za and fill in the application form, then a Sanlam consultant will call you back to complete the process.

What documents do you need to apply for Sanlam Personal Loan

To apply for the Sanlam Personal Loan you will need to following documents:

  • Copy of smart ID card or a greed ID book
  • 3 months banking statement
  • Bank account details into which your salary is paid
  • 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.

Once the loan is approved and the application process is done you will get you money within 24hrs of your application being approved.

Sanlam Contact Details

0860 726 526

Sanlam Personal Loan

You can check other offers here

Add Comment

Your email address will not be published. Required fields are marked *

%d bloggers like this: