Sanlam Personal Loan: what you need to apply without offering an asset as collateral

You don't need an asset as collateral. Meeting the entry requirements gets you ready to apply; your finances determine how much you can borrow.

Sanlam Personal Loan

To apply for a Sanlam Personal Loan without collateral, you must be 18 or older and a South African citizen with a valid ID.

Meet the entry requirements, then let your finances determine the amount

You also need a mobile number and email address. During the application, you can upload 3 months of bank statements showing 3 salary deposits.

You need no asset as collateral. Approval depends on an assessment of your finances, and Sanlam will not lend more than you can afford to repay.

START YOUR SANLAM LOAN REQUEST

Your price and the consent needed to sign

Consultants calculate your interest rate and initiation fee from your personal risk profile. Both shape your borrowing cost, so use your own figures when weighing the loan.

Sanlam markets the loan; SanlamGoTyme lends. For marriages in community of property, or under customary or foreign law, your spouse must consent to borrowing.

The details and documents you need to apply

Have your identity, contact and salary details ready to apply.

  • You’re a South African citizen aged 18 or older.
  • You have a valid ID, mobile number and email.
  • Provide 3 months of bank statements showing 3 salary deposits.
  • Some marriages require spousal consent to take the loan.

Start with the amount and repayment term

  1. Choose an amount and term; calculate repayment.
  2. Apply on Sanlam’s website or app.

Questions before you apply

What repayment terms can I explore for a Sanlam Personal Loan?

Repayment terms run from 3 to 84 months. The calculator offers 12 to 84 months, within the wider product range.

Does my Sanlam loan include any help with unexpected events?

Every loan includes a Personal Protection Plan to help cover repayments if the unexpected happens. Inclusion does not mean it is free.

Can I return to a Sanlam loan application I started?

Yes. Use the option to resume your application on the product page to return to the request you started, instead of starting again.

How soon could the loan money reach my bank account?

If approved, funds could reach your account within 24 hours, depending on how quickly you submit the required documents.

APPLY FOR YOUR SANLAM LOAN