African Bank is a top financial institution with a goal to improve individuals’ quality of life through provision of affordable, convenient and responsible credit. Deemed as “the best place for all your loan needs,” African Bank has established itself as a reputable and trusted institution. African Bank’s “My Life Needs” product has been designed to help individuals assess their financial health and make the right choices. African Bank realises that tailor-made credit can provide individuals with the freedom and time to make their credit work harder for them on their terms.
Individuals can benefit from African Banks’ Loan solutions, which include: personal loans, consolidation loans and student loans. Flexible repayment terms (up to 84 months) are available, with short-term payment plans useful for shorter payments.
Ranging from R1000 to R180 000, these loans have repayment terms of between 3 and 84 months. Clients can choose between short-term and long-term options.
Clients have the benefit of paying only one amount monthly instead of multiple loans, coupled with lower interest.
African Bank student loans can be used to pay for tuition fees, accommodation, laboratory equipment etc. Those below the age of 18 years of age need to have a legal guardian to apply in their behalf.
To qualify for African Bank loans, individuals need to provide a valid S.A. I.D, be over18 years of age and formally employed. 3 months’ bank statements need to be provided, along with proof of residence no older than 3 months.
African Bank considers not only what individuals earn, but who they are and where they are headed. Ultimately, the institution helps clients manage and improve their credit standing, by offering credit that works for individuals.
Call: 0861 111 011.