African Bank Personal Loans
At African Bank our credit is tailor made to suit your needs and your financial situation. We offer you a range of loans with comfortable repayment plans. Choose the loan that's best for you
African Bank Personal Loans offer the following benefits:
Loans to suit a wide range of needs from R500 to R150 000
Flexible repayment periods between 3 to 60 months
Consistency as your repayment instalments are fixed
Quick access as the loan is disbursed directly into your bank account
Convenient repayments via debit order from your bank account
African Bank Personal Loans Benefits
African Bank loans we offer you Credit Life Insurance to cover the following events, either to settle the outstanding obligation in terms of the credit agreement/facility or to pay instalments towards the credit agreement/facility depending on the event:
Death (Settlement)
Permanent Disability (Settlement)
Temporary Disability (Settlement)
Retrenchment (Instalment & Conditional Settlement)
Short Time (Instalment)
Short Time Cover
Compulsory Unpaid Leave/Temporary Lay-off(Instalment)
African Bank Loans Terms and Conditions
You will not be covered for Retrenchment, Short Time and Compulsory Unpaid Leave within 30 days from the start of the policy.
Underwritten by: The standard General Insurance Company Limited
The Insurance fee is calculated at the time of the application and included in your fixed monthly instalment
A customer may provide an alternative insurance policy, which is equivalent to the Stangen policy
How To Apply?