Standrd Bank Revolving Credit Plan (RCP)

Standrd Bank Revolving Credit Plan (RCP) is a loan with a fixed monthly repayment. A unique feature of this product is that it allows you to borrow again up to your original loan amount, once you have repaid 15% of the loan.

What is the benefit?

  • You can get a loan between R6000 and R300 000 depending on your affordability and risk profile.
  • You can use the loan for any purpose.
  • Once you have repaid 15% of the loan, you may borrow again up to your original loan amount and your repayments will remain unchanged.
  • You can apply to increase the limit on your existing RCP when you require additional funds.
  • The minimum repayment remains fixed for the life of your loan, which enables you to budget more effectively.

How do I qualify?

  • You need to be 18 years or older;
  • You need to be a South African Citizen or a Permanent resident with a South African identity book;
  • You need to earn a gross monthly income of at least R8000; and
  • You need to have a transactional account (with Standard Bank or another bank) into which your salary is electronically deposited.

How do I apply?

  • Visit the nearest Standard Bank branch and bring along your:
    • South African identity book;
    • Latest salary slip
    • Proof of residential address; and
    • Two months bank statements, or

Dial *120*5626# to see how much you could get.

For more information:

  • Call us on 0860 123 000
  • Visit