Equity Release

- Mortgage of your property in favour of Standard Bank.
- The loan may be used for any purpose
- Maximum tenor of 240 months
- The property stands as security for the loan
- You need to be at least 21 (or 18 if you are emancipated);
- You need to have an account with Standard Bank;
- You need to have your updated information, namely concerning your identity, residence, mobile phone number and income;
- You need an account statement from another bank (if you do not receive your salary in Standard Bank); and
- You need to show your current debt plans with other banks (if any).
- To expand your business or invest
- To buy or build new properties
- Up to 70% of the valuation amount of your property.