According to Standard Bank the short answer is yes. “Banking needs are similar for everyone irrespective of where you live and or study throughout the world,” states Standard Bank.
In South Africa, regardless of your foreign national status, you qualify – whether it be for Temporary Residents: Foreign National with temporary residence status in SA; or Non-Residents: Foreign National residing outside South Africa, this includes South Africans who have emigrated, you are eligible.
With the personal loan the main objective is that the client can take care of any personal need, such as their education, a wedding, their house and their debts and expenses.
This, is also institution dependent as each loan provider will have their own processes and requirements. Applicants are so encouraged to contact their institution of choice for further information.
You can apply through MoneyShop.co.za for a personal loan of up to R150, 000. Get a comparative quote and see how much you can save. Just fill in the form below and an agent will call you back shortly. Remember that with MoneyShop.co.za you get access to SA’s top lenders, so make sure you keep reading our latest articles and getting in touch with our partners
Until next time,
The MoneyShop.co.za Team