What you need to know
From 12 to 84 months
Personalised Annual Percentage Interest Rate (APR), up to the maximum of prime +17,5%.
Estimated interest repayment:
The estimated monthly repayment on a R50 000 loan taken over 36 months at an interest rate of 21% per month would be R1 997*.
*Includes a monthly service fee and one-off initiation fee.
Credit Protection Plan:
Be prepared for the unexpected and have peace of mind knowing you are covered. The Credit Protection Plan will cover you in case of death, disability, critical illness or retrenchment. You can get cover to protect your loan or facility with Absa Life Limited or any other licensed life insurer.
Apply now, it’s easy
- To earn a regular monthly income of at least R2 000 per month
- To have a bank account into which your income is paid
- To be 18 years or older
- A valid South African ID document or Smart card
- Proof of residential address such as a municipality or rates bill (not older than three months)
- Latest three payslips or three months' bank statements