When you need money and want to pay it back quickly, our Express loan the is perfect solution for you. It’s an unsecured short-term loan with a fixed repayment term of up to 6 months. If you earn a regular monthly income, you can get a loan amount ranging between R1 500 and R8 000.

Why an Express loan?

Build a good credit record

Get access to funds quickly for a short period and also build a good credit record with easy repayments via debit order.

Effective budget planning 

The interest rate on the Absa Express loan is fixed. This means that even if interest rates change, your instalment will remain the same.

Short term, more benefits

Just the right loan for unforeseen emergency expenses or for a quick weekend breakaway.

Everything you need with an Express loan

What you need to apply
  • A valid South African ID document or Smart card
  • You must be 18 years or older
  • Proof of residential address such as a municipal or rates bill and cellphone statement
  • Your last 3 months’ payslips or bank statements showing a minimum monthly income of R1 500
  • A transactional account with Absa or any other bank, active for 3 months or more
How it works
  • Minimum repayment term of 2 months and maximum of 6 months
  • Maximum monthly interest rate (APR): 5% for first time loan taken or 3% if the loan is taken in the same calendar year. Services fees and initiation fees apply
  • The monthly instalment on a R5 000 loan over 6 months at 5% per month would be R1 201. Terms and conditions apply.
  • Credit protection is added to protect you against, death or permanent disability when you take out our loan facility
Where to apply

Need more help?

Let one of our consultants help you get the best Loan for your needs.

Call us:

0860 100 372

Visit your nearest branch