Secured Personal Loan

A secured loan requires the customer to provide items of security as collateral for a loan, making it a secured debt owed to the Bank.  Assets used as security on secured loans must be insured.

Approval of Secured Personal Loan value is dependent on the applicants ability to afford the calculated repayments and the provision of adequate security for the loan.


Examples of Personal Unsecured loans include:
  • Vehicle purchase
  • Higher value travel

Download our Loan Calculator to check the affordability of your loan. This will help you estimate your monthly repayment. For further details of loan calculations and repayment options, please contact our Lending team using the contact information below.

Lending Fees & Charges – Secured Personal
Application Processing Fee£5To be paid on submission of application
Administration Fee, up to £1,000£25
Administration Fee, £1,001 to £5,000£30
Administration Fee over £5,001£35
Ready to Apply?

Customers making an application must be a Bank of St Helena account holder.  What is needed:

  • Fully completed application form and a signed bank transfer to cover the application fee of £5
  • Pay slip
  • Relevant insurance documentation (contact the Lending team for full details on insurance covers)

Upon receiving an application for a Secured Personal Loan our Lending team will ensure that all the necessary documents are present and that the application form is completed in full.

Need help completing your loan application form?  Please contact the Bank’s Lending team who will be able to help.

Before applying for a loan please read the Bank’s Lending Terms & Conditions.


Download your Personal Secured Loan Application Form
Download Form


Personal loan processing can take between 2 – 3 weeks (10 – 15 working days)

Contact Us

(+290) 22390