Understand the products offered by Standard Life Rwanda and their requirements.

Standard Life Rwanda is a digital lending institution offering a wide range of loan products to help Rwandans overcome financial challenges. Our loan application and approval processes are designed to be easy and fast. To explore our products, please visit our website at www.standardlife.org.rw and navigate to the "Products" page. 

Our uniqueness lies in offering clients a flexible and convenient way to access loan products without the need to visit a physical office. Loans can be applied for and processed entirely online, and we provide fast services with approvals in a very short period of time.

Our Loan Products and Application Requirements

• Emergency Loan

This digital loan product is designed to offer quick financial assistance during emergencies. You can borrow between 10,000 Rwf and 100,000 Rwf, with a 15% interest rate. The loan is repayable within one month, making it a fast and convenient solution for short-term financial needs. 

 Requirements for application

1. Signed employment contract
2. Rwandans with a national ID
3. Stamped Bank statement reflecting salary for the past 3 months to date

• Salary Loan starter 

The Salary Loan Starter is another digital product offered by Standard Life Rwanda, specifically designed for salary earners. This loan can be repaid within a short period of 1 to 6 months. The loan amounts range from 100,000 Rwf to 500,000 Rwf, with a reducing balance interest rate of 7%. This product provides a flexible and accessible financial solution for those who receive a regular salary. 

Requirements For Application

1. Signed employment contract
2. Rwandans with a national ID
3. Stamped Bank statement reflecting salary for the past 3 months to date
4. ATM Card  

• Salary Loan 

This product is designed for salary earners seeking larger loan amounts, ranging from 500,001 Rwf to 5,000,000 Rwf. It offers clients a more flexible repayment period than the Salary Loan Starter, with terms ranging from 1 to 12 months. The interest rate is 7% reducing balance.

Requirements For Application

1. Signed employment contract
2. Rwandans with a national ID
3. Stamped Bank statement reflecting salary for the past 3 months to date
4. ATM Card 

For additional information, please visit our website at www.standardlife.org.rw or contact our support team at +250 788 195 000 or +250 794 426 634.