Sanlam Online Personal Loan — How to Apply?

Do you want to borrow money from a company that will ensure your financial welfare? With the Sanlam Online Personal Loan, you can request a loan from a lender that cares for your finances. Go on and find out how to request a Sanlam Online Personal Loan.

As a diversified financial services group, Sanlam offers multiple products to individuals and businesses. You can use the money you borrowed for different uses, such as medical fees, personal events like weddings, home renovation, and domestic and foreign travel. You can also use your loan for consolidating your credit card debts and buying vehicles.

Still hesitating whether you proceed your application to a Sanlam Online Personal Loan? Here are some of the advantages you can from obtaining the service.

Sanlam Online Personal Loan Benefits

In a Sanlam Online Personal Loan, you can choose a repayment term that will suit your budget and financial circumstances. This loan feature will allow you to set the most convenient way to repay your debt to the company.

Also, repayments are fixed during your entire loan term. With this feature, you can budget your funds ahead with ease and comfort.


Sanlam uses advanced technologies to find out if you qualify for the loan. Once approved, the company will deposit the money directly into the bank account you supplied on the form.


Eligible members of Sanlam Reality can enjoy up to 20% of their loan repayments back when they have finished 12 consecutive repayments.

Are you now interested in ordering a Sanlam Online Personal Loan? Check out the application process and requirements of the lender.

Sanlam Online Personal Loan Application Process

Interested applicants of a Sanlam Online Personal Loan can fill out the form on their website. After submitting it, a loan specialist will call you back to help process your application. The lender has a set of requirements such as proof of identification showing that you are at least 18 years old. You should also present other documents that prove you are a South African citizen or resident. You must also provide the lender a copy of your latest payslips, bank statements, and other income documents. To increase your chances of approval, you must have an above average credit score.

Sanlam allows its customers to loan from ZAR5,000 to ZAR200,000, with a repayment period of 24 to 72 months.

Fees and Interest Rates

You should also take note that Sanlam will also charge you with certain fees. One of them is a one-time initiation fee worth ZAR1,207.50. On top of this, you should also pay a monthly service fee worth ZAR69.

The Sanlam Online Personal Loan has an annual interest rate of 21.9% to 27.75% which its loan specialist will determine based on your creditworthiness, financial situation, and other factors.

Overall, getting a Sanlam Online Personal Loan will work for you if you need a lender that can provide you top-notch assistance in obtaining money that you can use for emergencies, large purchases, and upcoming personal events.