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Personal Loan Relief

Personal relief

We understand that some people will be paid half salaries, others are on unpaid leave and others have faced retrenchment. If you have been affected note that we are offering a loan principle and interest instalment moratorium on a case by case basis.

 

 

How it works

The instalment relief will defer payments on home loans, personal loans and vehicle loan payments held with us form April 2020 to  June 2020. Interest and fees will accrue over this time.

Eligibility

You are eligible for the instalment relief if:

  • You have a Standard Bank Current account
  • You have been put on half pay by your employer
  • You have been given unpaid leave
  • You have been laid off
  • You have a Standard Bank home loan, personal loan and/or vehicle loan
  • Your accounts are not in arrears as at 31 March 2020
Exclusions
  • Customers whose payments are in arrears as at 31 March 2020 are not eligible for this offer
  • This offer excludes overdrafts
How to get it
  • If you have you are employed and your office has been impacted by the pandemic and you need the loan relief send us a cconfirmation letter from employer on how they are impacted and salary payment plan
  • If you were self employed and you have been impacted by the pandemic, tell us how you have been impacted and how you plan to recover.

Send an email to [email protected] or call 247 toll free to speak to a consultant.

If you are not eligible for this offer but are experiencing difficulties, we still want to help you.contact us on the above number.

  • How it works
  • Eligibility
  • Exclusions
  • How to get it

The instalment relief will defer payments on home loans, personal loans and vehicle loan payments held with us form April 2020 to  June 2020. Interest and fees will accrue over this time.

You are eligible for the instalment relief if:

  • You have a Standard Bank Current account
  • You have been put on half pay by your employer
  • You have been given unpaid leave
  • You have been laid off
  • You have a Standard Bank home loan, personal loan and/or vehicle loan
  • Your accounts are not in arrears as at 31 March 2020
  • Customers whose payments are in arrears as at 31 March 2020 are not eligible for this offer
  • This offer excludes overdrafts
  • If you have you are employed and your office has been impacted by the pandemic and you need the loan relief send us a cconfirmation letter from employer on how they are impacted and salary payment plan
  • If you were self employed and you have been impacted by the pandemic, tell us how you have been impacted and how you plan to recover.

Send an email to [email protected] or call 247 toll free to speak to a consultant.

If you are not eligible for this offer but are experiencing difficulties, we still want to help you.contact us on the above number.