How to pay a loan using a bank card linked to your account?

Created by Nosakhare Imafidon, Modified on Tue, 15 Oct, 2024 at 10:05 AM by Nosakhare Imafidon

In today’s digital world, as Rwanda promotes technology and cashless transactions, Standard Life Rwanda Plc stands out among money lending institutions by offering quick and flexible digital loan services. We provide multiple digital options for loan disbursement and repayment, allowing clients to conveniently repay their loans through USSD, Momo wallet, or bank card.

Step-by-step guide on how to repay your loan directly using a bank card linked to your account


 
1. Open the Standard Life Digital Application: Log in to your account using your provided telephone number and account password.

2. Locate the View Loan Button: On the landing page after logging in, find the "View Loan" button (as indicated in the image below) and click on it. This will take you directly to the loan page.


 

3. Repay Your Loan: On the loan page, you will see your active loan. Click on the "Repay Loan" button to proceed.


4. On the next screen, enter the amount you want to pay on your loan. You can either pay the full amount or make a partial payment. Then click the "Continue" button to proceed.

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5. Choose Repayment Method: Select your preferred repayment method. Since you want to use your Bank card, choose "Card" as shown by the red arrow in the image below, and click "Continue."

 

6.  Review Transaction: Review the transaction summary, including the amount you wish to repay. Then click "Continue" to proceed.

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7. Select Bank Card: It’s possible to have multiple cards linked to your account. Now, select the card you want to use for the repayment.

 8. Confirm Transaction: Please enter your Standard Life Rwanda PLC transaction PIN to confirm your repayment.

After entering the transaction PIN, a success message will appear, confirming that your loan installment has been cleared.


If you encounter any issues or blockers during the payment process, contact us at Support number: +250788195000 / +250794426634.

 

 

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