Loans | Personal Loans

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However you imagine your future, planning is important and improving your finances is often a top priority. Our Personal Loan is designed to support you with your plans, giving you financial aid during times when perhaps your priorities don’t fit your pocket.

Whether you’re buying a car, renovating your home or putting money towards something you’ve always wanted, here’s why a Personal Loan could be right for you:

Loans from R500 to R200 000

We offer loans from R500 to
R200 000 paid directly into your bank account.

Repayment period

Flexible repayment periods between 3 to 72 months

Fixed repayment

Fixed repayment instalments, providing you with consistency

Sales Contact Centre

We have a team of Sales Contact Centre Consultants at your service, able to process your Personal Loan over the phone

Quick repayment

Repay your loan quickly and conveniently, straight from your bank account

24/7 online service

With our 24/7 online service, you can apply for a

loan online at any time or visit any of our branches across the country if you prefer a face-to-face experience

Applying for your Personal Loan is quick and easy. In just a few simple steps you could be on your way to personal financial freedom. To ensure that your application is even quicker, make sure you have the following documents available to upload with your application, or when you visit a branch.

Latest bank statement reflecting 3 salary deposits

Take up a loan and get something-nyana. Apply today!

Rest assured that your credit is insured should anything happen to you that would prevent you from making repayments.

Do you need more information about taking out a loan with us? Click on any of the informative African Bank Credit and Personal Loan brochures below to download.

Payment options range from 3 to 72 months. Min interest rate (APR) from 10,5% to Max interest rate (APR) of 28,0%.
Min insurance rate from 5,0% to Max insurance rate of 14,0%.  Insurance flat fee of R12.

*Representative example: Credit of R20 000 borrowed for 12 months. Once-off Initiation fee: R1 197.Monthly admin fee R68,40. Representative APR 10,5%. Representative Insurance Rate of 10%. Insurance Flat Fee R12.

Monthly instalment amount payable: R2 049,05. Total amount payable: R 24 588.60

Category: Bank loan

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