African Bank Personal Loans

The African Bank is a local favorite that specifically caters to the financial needs of South African citizens. They provide financial services to retail customers through their loan, investment, credit, and insurance products.

You can apply for their loan by filling out their online form, visiting their branch, or calling them at 0861 111 011.


  • A resident of South Africa who is at least 18 years of age
  • Employed and currently working with the same employer for the past 6 months
  • You have an active bank account where your salary is deposited regularly every month

Loanable amount: You can borrow from as little as R2 500 to as much as R200 000

Interest rates: APR varies from 15% to 27.75%, depending on your credit rating

Repayment period: Repayment terms range from 7 months up to 72 months



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