At Peoples Bank we know that sometimes everybody needs a little financial help. Thinking about buying a computer, an entertainment centre or even building an extension on your existing home, you can be sure that we will be there to help you out..

   
There is a Peoples Personal Loan that can meet your needs
  • Low monthly repayments;
  • Flexible repayment periods;
  • Competitive interest rates;
  • Fast application process;
  • No security required;
  • Lower rates for Peoples Bank savings account holders;
  • No penalties for early loan settlements;
  • Consolidation of outstanding loans
  • Different loans for weekly paid clients with Peoples Bank saving accounts.
     
Qualifications
  • You must be 21 years of age or older;
  • The loan must be repaid by your 60th birthday;
  • You must be a South African Citizen with a valid ID document / drivers license card;
  • You must earn more than R1000 a month;
  • Your Salary must be electronically paid in to your account;
  • You must be permanently empoyed for the past 12 months;
Protection Plan for you

Should you not be able to pay back your loan due to death, temporary disability, permanent disability or retrenchment the Peoples Loan Protection Plan will ensure your loved ones do not have to carry the cost.

The benifits of this policy will only be payable on the death, temporary disability or permanent disabilityof the person who has taken out the loan together with his Protection Plan.

NB: Claims arising because of retrenchment or notice of retrenchment during the first three months months of the loan will not be admitted.

Ready to Apply

All you need to do is bring the following documents to your nearest Peoples Bank:

  • Your identity document or drivers license card;
  • Origional Bank statements reflecting the last two salary deposits;
  • Your most recent payslip.

If you wish to consolidated other loans, please bring the settlement documentation with you when you wish to apply for a new loan.

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