As one of the banks at the forefront of providing simple, quality financial solutions, Absa bank provides South Africans with access to a range of banking solutions designed to make their lives easier.
Absa Online Loans are offered to both existing and new Absa clients who have access to a secure internet connection and a reliable computer. In recent years, more banking institutions have come to rely on improved technology to facilitate efficient banking systems. The move towards digital banking has come with a number of benefits, both for customers as well as the banks.
More about Absa Online Loans:
Absa Personal Loans
These loans are offered from R3000 to a maximum of R350 000, which is much higher than what most lenders are willing to offer.
Flexible repayment terms are offered up to 84 months, while Absa promises the “Best interest rate guaranteed”. An affordable Credit protection plan is included and individuals are given immediate access to their funds after approval.
To apply, you need to provide:
- Proof of ID
- Proof of residence
- Proof of earnings
You can apply online by clicking on the “Apply Now” button as a new customer. As an existing customer you can log on to your Absa online banking to apply.
If you are an Absa customer, all you need to do is log on to your account and apply for an overdraft. If you are a new customer, simply apply online by selecting the cheque accounts section.
Revolving Credit Facility
To apply for this facility you need to earn a monthly salary of more than R8000. This is an “open” loan facility that lets you access funds when you need to. Provided a minimum of 15% has been repaid, you can re-borrow back to the approved limit without affecting your monthly repayments. You can apply online by visiting www.absa.co.za