Reach your goals with a Personal Loan from African Bank
When you apply for an online Personal Loan with African Bank, you access a world of potential with just a few clicks. Start your application journey by finding out how much you can possibly qualify for.
Loan Calculator
Credit Life Insurance
With African Bank’s Credit Life Insurance, you can rest assured that your credit is insured should anything happen to you that would prevent you from making repayments. You are covered for*.
With MyWORLD, you can open up to 5 accounts with no monthly fees, allowing you to share finances seamlessly with friends and family.
- Retrenchment
- Death
- Compulsory Unpaid Leave
- Lay Offs
- Short Time
- Loss of Income
- Retrenchment Balance Claim
- Temporary Disability
- Permanent Disability
African Bank Loans FAQs
- The first step is to apply for a Loan. You have the choice of applying online, over the phone or by visiting your nearest branch.
- Once you have applied for a Loan, your information will be reviewed and if the Loan is awarded to you, the Loan amount will be paid directly into your bank account.
- Your repayment dates are set out on the front page of your agreement.
- Your first repayment is due seven days after your Loan is deposited in your bank account. All other instalments are due on the first day of the month.
- Repayments can be made by setting up a payroll deduction or a debit or stop order from your bank account.
- Or, we can arrange to deduct the money from your bank account monthly on the day you are paid.
- See easy ways to pay
Find your ideal loan solution with African Bank.
African Bank offers a variety of loan products to fit your unique financial needs.
Consolidation Loan:
For those seeking to streamline their finances into one manageable instalment..
12% Loan:
Benefit from our competitive 12% Loan, featuring a low interest rate for loans up to R50 000.
Tech Deals:
Explore our deals and add a cellphone, tablet or laptop to any loan.
