Planning a big event or purchase? Maybe you’re planning some home improvements or buying a new family car – it all adds up. You’ve come to the right place – a Sainsbury’s Bank Loan could be the answer.
The key features of applying for a loan with Sainsbury’s Bank are:
From 3.4% APR representative for Nectar members when you borrow £7,500 - £25,000 for 1–7 years (depending on your loan value)
Pay back your loan over 1-7 years (depending on your loan value) with manageable, fixed monthly instalments
You can borrow between £1,000 - £40,000 if you’re a Nectar member, non-Nectar members can borrow up to £25,000
No application or arrangement fee
Apply for your loan online
Ready to get the ball rolling? It’s now quicker than ever to apply
You could get your money in as little as 2 hours, or the next business day, if you’re accepted
Our online application is quick and easy to complete, you can sign your agreement online, and upload any documents we might need
Find out your interest rate and how likely you are to be accepted – without harming your credit score
Use our calculator to start your loan application today. We’ll work out your possible interest rate, monthly payment amount and total cost in just a few clicks. All quotations given are for illustrative purposes only.
Compare our loans
Whether you want to borrow a small amount to give your home a DIY boost or need a bit extra, we’ve got borrowing options to suit you.
£1,000 - £2,999
A small loan of £1,000 - £2,999 could be what you need to finally get round to redecorating the living room
£3,000 - £4,999
Want to replace an old living room suite that’s no longer fit for family film nights? You could borrow £3,000 - £4,999 to make that happen
£5,000 - £7,499
Looking to buy a new car? A loan from £5,000 - £7,499 could help get you back on the road
£7,500 - £25,000
Thinking about a loan to give your kitchen a complete makeover? We might be able to help with a loan from £7,500 - £25,000
Unsure which loan to go for?
Find our loan key information including total cost to help you make the right decision
Got a question?
If you’re unsure of how the loan process works – our FAQ section is a great place to start
Before applying for a loan
Wondering how to get a loan? Our loan application process is quick and simple, just enter how much you’d like to borrow in the calculator to get started today.
But before you apply, there are a few things you should think about.
Our lending criteria
To apply for a loan, you need to:
Be at least 18 years old and less than 80 when you apply. You should also be under 83 when the loan is due to be repaid
Have a UK-based bank or building society account that can accept Direct Debits. If you’re applying for a joint loan, the first named applicant must be named on this bank account
Have a permanent UK address
Be in permanent paid employment or retired with a pension
Have a gross annual income of over £7,500
Not have a history of County Court Judgments or bankruptcy
We won’t lend for any of the following purposes:
Buying a property
Deposit for a property
Stocks and shares (including bonds, funds, derivatives, foreign exchange, contract for difference)
To make it easier for you, please have the following to hand when you're ready to apply:
Your residential address(es) for the past three years
Your sort code and account number
Details of your monthly incomings and outgoings
Your employer's name and address
If you’re a Nectar member, you’ll need to add your Nectar card number to your application
Need support with your application?
We want to make sure we’re offering you the right level of support throughout your application. If you’re unsure of how the process or loan will work, see where we’ve answered some of our customers frequently answered questions.
Are your circumstances likely to change?
Do you know of any likely, upcoming changes to your circumstances that could affect your ability to cover your loan repayments? If so, please get in touch to discuss an application, rather than applying online.
Things to consider could include:
Fewer working hours
Increase in your living costs (like higher rent or mortgage payments)
We treat all our customers and their applications on an individual basis. The APR we offer is determined by the details you supply and the loan you are applying for, along with an independent verification of your credit and repayment history.