Stanbic Bank Ghana stands out by offering a diverse range of loan products designed to meet the unique needs of its customers. From personal expenses to business expansion, Stanbic Bank provides flexible and competitive loan options to help you realize your goals.
Personal Loan
Stanbic Bank’s Unsecured Personal Loans are tailored to address various personal financing needs, such as education expenses, car maintenance, rent advances, and more. These loans are flexible, with short- to medium-term durations, and come with several benefits:
- Secure and Reliable: Enjoy loans with dependable repayment terms.
- Customized Repayment: Choose a repayment pace that suits your financial situation.
- Flexibility: Access top-up options for existing loans after consistent repayments.
- Insurance Coverage: Benefit from Credit Life Insurance covering permanent disability and death.
Vehicle Loan
For those looking to purchase vehicles or power generators for personal use, Stanbic Bank offers Vehicle and Asset Finance (VAF). This medium-term facility caters to both salaried and non-salaried customers, providing:
- Flexible Loan Terms: Repayment periods ranging from 12 to 60 months, with up to 72 months for selected assets.
- Competitive Interest Rates: Enjoy attractive rates that make vehicle ownership more affordable.
- High Financing Proportion: Up to 90% financing for new cars and 70% for used cars.
- Convenient Repayment Options: Flexible repayment through a Stanbic salary account or direct payroll deductions.
Home Loans
Achieving homeownership is a significant milestone, and Stanbic Bank supports this dream with various home loan solutions:
- Diverse Loan Choices: Select from six different home loan products to suit your needs.
- No Maximum Loan Amount: Loan amounts are dependent on income, offering flexibility.
- Competitive Rates: Benefit from variable interest rates available in GHS, USD, GBP, or EUR.
- Flexible Repayment Terms: Choose repayment periods between 5 to 20 years, allowing for manageable installments.
Consumer Finance Loan
Stanbic Bank’s Consumer Finance Term Loan is designed to finance consumer appliances and renewable energy products on a short-term basis through partner vendors or dealers. Key features include:
- Loan Amounts: Ranging from GHS500 to GHS300,000.
- Flexible Loan Terms: Up to 24 months for lifestyle devices, 48 months for household appliances, and 60 months for solar systems.
- Competitive Interest Rates: Making essential purchases more affordable.
- Insurance Coverage: Credit Life Insurance covering permanent disability and death.
Enterprise Smart Loan
For small businesses seeking working capital support, the Enterprise Smart Loan offers:
- No Financial Statements Required: Simplifying the application process.
- Loan Amounts: Between GHS1,000 and GHS150,000.
- Quick Turnaround Time: Ensuring timely access to funds.
- Minimal Documentation: Reducing paperwork for ease of access.
Business Term Loan
Stanbic Bank’s Business Term Loan is a customized loan for a fixed term, repaid over a period of up to five years with predetermined monthly or quarterly installments. This loan facilitates:
- Financing of Long-Term Fixed Assets: Supporting business growth without depleting working capital.
- Flexible Repayment Structures: Offering equal monthly installments for effective planning.
- No Minimum or Maximum Loan Amount: Tailored to the specific needs of the business.
Stanbic Bank Ghana’s commitment to providing flexible and competitive loan options makes it a preferred choice for individuals and businesses aiming to achieve their financial goals. Whether you’re looking to finance personal needs, acquire assets, or expand your business, Stanbic Bank offers solutions that align with your aspirations.