Get to know Overdraft, one of Standard Bank’s loan!
Standard Bank Overdraft Loan grants you instant access to additional funds, with 24/7 access, providing more financial freedom when you need it the most. Requiring only a minimum monthly income of R8,000, you can potentially have a loan of up to R250,000.
This loan can be ideal for someone who wants to have the ability to decide the amount they want. And, even better, through Internet Banking or the Banking App it can be easily increased or decreased, making it a very flexible option.
It offers you the possibility to only pay interest on the amount that you’ve used during the month – and you have personalised interest rate -, while also allowing you to avoid getting worried about the minimum monthly repayments, as the facility is topped up when your income is deposited into your account. In addition to that, your interest rate is linked to prime, saving you money when the prime rate drops.
- ✔️- Minimum Monthly Income Required: R8,000;
- ✔️- Maximum Loan Amount: R250,000;
- ✔️ – Interest Rate: Personalised;
- ✔️ – Months To Repay: Recurring;
- ✔️ – 24/7 Access;
- ✔️ – Increase Limit Online.
Beyond the major perks, you can use your UCount Rewards to repay your loan by redeeming your Rewards Points. If you are interested in the Standard Bank Overdraft Loan, click on the button bellow and learn even more about it, its benefits, all the requirements, and how to apply! This could be your first step towards your achieving your finacial goals.