Apply for a Loan in minutes!
Use our loan calculator to help you plan your loan repayments. Whether you are planning for your child’s education, building your side-hustle, or transforming your house into your home, a Personal Loan from African Bank can help.
Please enter Loan amount between R2 000 to R250 000
This Loans Calculator provides indicative values only. African Bank provides no guarantees or warranties on the values displayed. Only a full Loan application, on African Bank’s website, the Banking App or on Online Banking, or in other channels like our Branches and Call Centre, can provide accurate details pertaining to Loans from African Bank.
We want you to succeed. That’s
why we have fixed repayments
and flexible terms, with Loan
sizes up to R250 000.
Bank safely from the comfort of your
home. You can apply for a product,
download statements, change card
limits & buy prepaid airtime, data,
electricity and water.
Apply for a loan wherever you are, whenever you want, through online banking or the African Bank App.
More about the Personal Loan
What you need to apply for a Personal Loan
To get a Personal Loan offer suited to your lifestyle, you will need to have the following documents on hand:
Most recent proof of income e.g. latest payslip
You must be over 18 to apply for a Loan
Latest 3 months bank statements, reflecting 3 salary deposits
Do you need more information to make taking out a loan an even simpler decision? Click on any of the informative African Bank credit and personal loan brochures below
Terms and Conditions*Representative example: All prices include VAT, R20 000 borrowed for 12 months. Once off initiation fee (capitalized) R 1197, Monthly admin fee R68.40. Representative APR 15%, Representative insurance rate 5.4%. Monthly installment amount payable R 2 036.03, total payable R 24 432.41