Apply for a Personal Loan
Apply for a Personal Loan
Apply for a Personal Loan
Apply for a Personal Loan

We've got the personal loan for you

Flexible amounts and repayments

Choose from our wide range of Personal Loans of up to R350 000 with flexible terms up to 84 months.

Calculate my repayments

Switch your personal loan and save

Combine all your loans into one Personal Loan and save. You'll only be paying off one loan with the best interest rates guaranteed.

Best interest rates

If you’re offered a lower interest rate anywhere else we will beat it - guaranteed.

How to apply and get your money fast

Apply right here or from any of our Digital Banking platforms, by visiting a branch or call us on 0860 100 321.

You will need the following documents:

  • South African ID book or card
  • Last three months payslips or bank statements
  • Non-Absa customers also need proof of residence e.g. municipal or rates bill (not older than three months)

Find a branch

What you need to know

Compare our loans

Choose the best one for you.

Personal Loan

All-purpose borrowing, for both planned and unplanned expenses.

Up to R350 000

Repayment term
84  Months

Tell me more

Express Loan

The perfect solution if you need money and want to pay it back quickly!

R1 500 -  R8 000

Repayment term
1-6 months

Apply now

Instant Loan

Quick cash anytime, at any Absa ATM, Cellphone Banking or through Online Banking.

R350 - R8 000

Repayment term
Up to 35 days

Tell me more

What could my loan instalment be?

Repayment term:
From 12 to 84 months (from 2 months for current Absa customers)

Interest rate:
Personalised Annual Percentage Interest Rate (APR), starting from a minimum of 13,75% per annum.

Estimated interest repayment:
The estimated monthly repayment on a R50 000 loan taken over 36 months at an interest rate of 18% per annum would be R2 113*.
*Includes all service and initiation fees.

Credit Protection Plan:
The Absa Credit Protection Plan will cover you in the event of death, disability, critical illness, terminal illness or loss of income. Credit life insurance is mandatory for all personal loans.

Calculate my instalment

personal loan

Switch your personal loan to us and save!

Bring your personal loan to Absa and get the lowest interest rate, guaranteed*.

Tell me more

Need more help?

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

Call us on:

0860 100 372

Visit your nearest branch