African Bank is among the leaders in the financial market of South Africa. The products and services offered by the bank are wide-reaching and convenient for most financial needs.African Bank Loans are offered as short or long term and are tailored to suit individual needs.
Long Term Loans:
These loans are for financing long term needs, such as medical procedures, children’s education fees or even home renovations. Funds of up to R150 000 are offered, with a flexible repayment period of up to 60 months. These loans are ideal for paying for items that may cost large sums of money, which may not always be affordable otherwise. African Bank will ensure that loan solutions are tailored to meet individual needs based on affordability, with interest rates based on individual risk assessments.
Short Term Loans:
These loans are ideal for when you need funds immediately. Sometimes we have pressing financial needs which come up when we may least expect it. You may need an extra boost to be able to pay your rent for the month or even some money to pay for car repairs. Offered from as little as R500 up to a maximum of R12 000, repayments can be made within 3 to 9 months. Instalments are fixed which is quite helpful for budgeting purposes – this way you are able to calculate exactly how much you need to pay every month and there are no suprises.. Following final approval, African Bank Loans are paid directly into your bank account. Repayments are conveniently done via debit order on a monthly basis.
What does African Bank require from loan applicants?
- Valid South African I.D.
- 3 months’ bank statements
- Current payslip
- Proof of residence
- Be between 18 and 65 years old
Contact African Bank by calling 0861 000 351 and get African Bank Loans today. Visit the bank’s website here: www.africanbank.co.za.