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Beat rising electricity costs with Solar and Energy Finance

Qualify for a discounted interest rate on your Absa Home Loans Solar and Energy Finance, plus reduce your electricity bill.

Save BIG on the solar solution you need!

Discount

Get a concession of up to -0.20%* on your variable interest rate and a loan of up to R300 000.

More savings

Structure your loan on a Multiplan account and pay off your loan over a shorter term while saving more on interest charges.

Peace of mind

Keep your essential appliances running during power outages and reduce your carbon footprint.

Build your future investment

A solar solution not only reduces your electricity costs, but it can also assist with the market appeal of your home.

Solar and Energy Finance equals the bright side

Absa Solar and Energy Finance Loan

Who qualifies?

What you get
Access funds from your home loan with a Further Advance or Re-Advance

Structure your loan on a Multiplan (secondary) account over a shorter term:

Multi-plan allows you to structure the home loan into multiple accounts: a primary account linked to a secondary account to suit your needs and is unique to Absa.

You have the option between taking up a loan of up to R300 000 over 7 years.
Absa Solar and Energy Finance Loan
Qualify for a -0.20% Absa Solar Loan concession on your variable interest rate for a solar solution, you must:

Structure your Absa Solar and Energy Finance Loan on a Multiplan account over a term of up to 7 years

Loan amount should not exceed R300 000 through either a Further Advance or a Re-Advance

Terms and conditions apply
Who qualifies?
Existing Absa Home Loan customers who have been granted a Further Advance or Re-Advance under a secondary account.

Finance your solar and energy solution today

Absa Further Advance

Bond registration fees

Yes

Solar finance limit

R50 000 - R300 000

Use the difference between the outstanding balance of your home loan and your property's market value to finance your solar solution.

Apply now

Absa ReAdvance

Bond registration fees

Solar finance limit

R50 000 - R300 000

Use the difference between the outstanding balance of your home loan and your original loan amount to finance your solar solution.

Apply now

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