Applying for a personal loan can be made easier by getting pre-approved. This way, you have a better idea of how much you may qualify for.
Personal loans from Absa offer up to R350 000 in finance. If you’re an Absa customer you may get pre-approved for an Absa Loan.
You may get the best interest rate on your personal loan with an Absa price guarantee.
You also have the benefit of a loan term that ranges from 1 to 84 months.
To qualify:
- Earn R2000 or more per month
- Have a bank account into which your salary is deposited
- Be 18 years or older
Documents required:
- Valid South African ID or card
- Proof of residence such as a municipality or rates bill
- 3 months’ bank statements if you’re an Absa transactional customer
Forming part of the Barclays Group, Absa operates with world-class systems and a group of staff that is dedicated to excellence. Absa has created a suite of loan solutions, designed to satisfy specific financial needs.
No collateral is required so you don’t need to put up any assets to secure the loan.
Using clients’ individual creditworthiness, loan amounts are calculated. The interest charged is dependent on individual risk profiles.
Absa supports responsible lending practices.
It’s for this reason that clients are not charged any penalties for early settlement of their loans. Clients are given the ability to pay their loans off faster. With this option, clients are given easy approval if they require additional funds.
Applying for an Absa Personal Loan has never been easier. One can simply visit www.absa.co.za to apply online or visit any Absa branch and speak to a trained consultant.
For more information about how to get pre-approved for an Absa Loan, call: 0860 100 372
