The former Scotland international passed away at the age of 65 in April following a battle with cancer.
Rangers will rename the Govan Stand in honour of Jardine before their opening game of the season against Hearts on August 10.
"There have been many great names associated with Rangers football club but I can think of no-one more deserving of this tribute than Sandy Jardine," manager Ally McCoist told the club's official website.
"A Rangers legend in every sense of the word, he will always be in our hearts and I am delighted he will be remembered forever with this permanent tribute at Ibrox Stadium.
"Sandy's achievements both on and off the pitch were second to none. He gave everything for this great club and we are all looking forward to paying tribute to him at the Hearts game next month."
Jardine enjoyed a 17-year playing career with Rangers between 1965 and 1982, winning 14 major honours.