Exclusive to Absa customers, bank with us and access a loan amount from R350 up to R8 000 immediately with an Instant Loan. It’s quick cash anytime, at any Absa ATM, on Cellphone Banking or Absa Online.
Apply now for an Instant Loan, it’s easy
- A good credit record.
- A regular monthly income of R3000 or more.
- An Absa bank account into which your monthly salary is paid.
- You must be 18 years of age or older.
- Apply at our channels (Absa ATM, online banking and Cellphone banking).
- Accept the quote as well as the terms and conditions.
- The funds will be made available in your transactional account to use immediately.
- Repayment amount is deducted from your transactional account and it is due on your next salary date, within 35 days.
- Interest rate is charged from 0% up to 5%, based on the customer profile and the number of Instant loans taken in a calendar year.
- Initiation fee is charged from R80 up to 10% of the loan amount (excluding VAT), based on the customer profile.