The Standard Lesotho Bank Fixed term loan is a structured personal loan tailored to meet the needs of customers who require short-term financing for up to 24 months.  This loan is ideal if you want to finance the purchase of furniture, pay school fees, or if you require credit over an extended period of time.  The loan can be used for any purpose and is repayable in fixed monthly installments.

Features and benefits

• The loan amount you may qualify for  ranges from M2500 to M25 000
• Loans may be granted as a percentage of your net monthly salary
• The loan repayment term can be negotiated from 12 to 24 months, but interest will be charged on late payments

Who can apply

You can apply for Standard Lesotho Bank Fixed Term loan provided you:

• Have been permanently employed for a period of not less than 12 months
• Earn a net monthly income of M1500 or above
• Are a citizen of Lesotho aged between 21 and 55 years

All you need is an existing Standard Lesotho Bank transactional account which has been open for at least 6 months and into which your monthly salary is deposited. 

How to apply

To apply for a Fixed Term loan account  just visit your nearest Standard Lesotho Bank branch with the following documents: