Absa Bank is one of the top 4 banks in South Africa and they have over the years grown to be one of the biggest banks nationally, with branches in all the major towns and cities throughout the country.
We currently do have bank accounts with them and we have experienced amazing service through their call centre and online banking side of their business. They off course also offer personal loans and we are going to be delving a bit deeper into their offering.
They offer personal loans from R3000 up to R350 000, with repayment terms up to 72 months or 6 years in easier terms. They also offer very competitive interest rates and you can discuss this with them in more detail once your application has been processed.
One of the great benefits of applying for a loan with Absa, is that they offer you the opportunity to repay the loan faster through additional payments that you can do and thus giving you the best chance to lower your interest on the loan. If you need extra cash, you can then also apply for additional funds and take out a credit protection plan, which will protect your loved ones if you do pass away or become permanently disabled. We recommend that you speak to one of their consultants to find out more about this option, once your loan is approved.
You can apply online by calling their helpline, or you can simply visit one of their many branches to speak to a consultant to apply for the personal loan you require. Another option is that you can apply online and you simply visit their website to apply online foryour Absa Loan. You simply need to state if you are an existing customer or want to become a new clients of theirs.
We will be following them very closely over the coming months and will keep all our loyal subscribers updated on the latest loan offerings and news related to their loans.