African Bank

image of African Bank
image of African Bank

African Bank is a registered credit provider with South Africa’s National Credit Regulator: NCRCP5


About – African Bank

African Bank Limited operated for over two decades prior to 1998 as a small commercial bank.

After which we appointed a new curator and developed into a larger tailor made banking facilitator covering all the banking needs for business and personal banking around the country.

Offering clients banking solutions with options to manage your finances and identify your actual financial needs, we direct our services with our client’s specific requirements offering a product just for you.

African credit solutions offer our clients a loan option which is tailor made to suit your budgetary means.

African Bank has a vision to improve the quality of life for their clients through affordable, simple and responsible credit.

We want our credit to work for you & help you move forward.

We don’t just look at the “now”, we look long term, and think about your future prospects, and how our credit facilities will take you there.

We respect our clients and understand your needs with absolute confidential and compassionate service delivery, whilst respecting the time of our clients, this offering our quick simple solutions.

We take the time to listen to what our clients want and deliver on those needs. We understand how hard it is to stay above the water in world of finances, and work as hard as you do to keep our clients safely afloat in time of need.

There is no limit to what we can do for our clients, putting customers first and delivery on simple fast banking solutions makes African Bank the best credit solution firm of choice for you.

Services – African Bank

With responsible lending at the heart of our lending products, we stick within the regulations of the National Credit Act, and offer loans which you can comfortably afford.

With a range of loan products all offering valuable benefits, you find a loan ranging from between R500 and R150,000, with flexible repayment options of between 3 and 60 months.

Our repayment terms are fixed for the term of the contract allowing transparency and control over your budget every month.

You know exactly what you are paying with each instalment.

With convenient debit orders in place, we debit your instalment directly, so you don’t need to waste time going to the bank to repay your loan every month.

Our convenient application methods are so simple, making banking a breeze.

We offer clients an easy online platform, allowing you to access cash from the comfort of your home or office, through a quick turnaround service.

African Bank offers a valuable range of loan solutions to suit your budget.

Short-term personal loans

  • Get immediate response to your online application
  • Get pay out of your loan within 24 hours
  • Loan amounts ranging from R1,000 to R10,000
  • Repayment terms ranging between 3 and 6 months

Long-term personal loans

  • Get immediate response to your online application
  • Get pay out of your loan within 24 hours
  • Loan amounts up to R130,000
  • Repayment terms of up to 60 months

African Bank offers a unique range of credit card solutions to suit your lifestyle:

Gold Visa Credit Card

  • 24 hour service
  • Your gold card accepted worldwide
  • Get FREE till point transaction anywhere in the country
  • Get FREE SMS notifications every time your card is swiped
  • Your first two ATM withdrawals are FREE
  • Your Silver card can be used internationally where you see the visa logo
  • Get covered for death, permanent disability or retrenchment
  • View your balances or request statements online
  • Ability to stop lost or stolen cards
  • Pay your account online
  • Apply for credit increase after 4 months

Silver Visa Credit Card

  • Get FREE till point transaction anywhere in the country
  • Get FREE SMS notifications every time your card is swiped
  • Your first two ATM withdrawals are FREE
  • Your Silver card can be used internationally where you see the visa logo
  • Get covered for death, permanent disability or retrenchment
  • View your balances or request statements online
  • Ability to stop lost or stolen cards
  • Pay your account online
  • Apply for credit increase after 4 months

Summary of Services

  • Personal Loan
  • Consolidation Loan
  • Credit


African Bank offer credit card solutions & financial tips on managing your bank account.

African Bank believes that being in control of your finances and having self-awareness of your budget is the beginning of a healthy financial plan.

The way you behave towards your financial status can improve your credit worthiness long term.by knowing what your actual income is each month and being able to manage your debt and expenses properly can empower you to be your own money master.

The most basic way to managing the way you handle your finances is through clever budgeting.

Be in control of your money and plan accordingly. Why is it important to budget?

  • Be in control of your money: sticking to a budget allows you to keep track of your expenses, and allows you clarity on what essentially needs to be paid each month.
  • Keep within your goals: create parameters to your spending, work towards a goal. This will make it easier to stick within your limitations.
  • Be organised: you will know exactly where you money is going each month, and what you need to budget for.
    Keep in mind what dates your debit orders are going off, and ensure the right amount of cash in is your account to cover these payments.

If you are looking to expanding your cash flow long term, African Bank offers investment options that are safe and profitable at the end of the day.

You can begin with a minimum payment of R500 per month into your investment option at market leading rates with flexible terms ranging from 32 to 60 days. Investment options available include:

Notice Deposit

  • Short term investment over 32 to 90 days
  • Additional investments of a minimum of R100 allowed
  • Use as a savings account through debit order
  • Access your cash in full or just take a portion after term
  • Minimum amount required R500 per month

Fixed Deposit

  • Longer term investment of 3 to 60 months
  • Fixed interest rates for duration of investment
  • Get cash monthly, 6 monthly or annually or a lump sum at the end of your investment term
  • Additional deposits allowed within first 7 days only
  • Early withdrawal at discretion of bank – penalty fee may apply

Get all the banking solutions you need and budgetary advice you require from African bank.

Get short term and long term loans allowing you to afford the things you need right now or something you always wanted. Pay those unexpected accounts, consolidate your debts and even take that long awaited holiday abroad.

We offer credit cards to suit your lifestyle, which can be used worldwide, wherever you find the visa sign.

Partner with the bank that has your best interests at heart, and get more than expert advice and quality driven service.

Get a bank that cares, and puts you first.

 Contact Details

126 De La Rey Rd, Shop 126, Parow Centre Cnr De La Rey & Voortrekker Rd, Parow, Cape Town, 7500, South Africa
Ph: 021 930 0543 / (011) 256-9000
Fx: 087 943 0136
Em: [email protected]
Em: [email protected]

 Postal Address

Private Bag x170, Midrand, 1685, South Africa

 Opening Hours

  • Monday 08:30 – 17:00
  • Tuesday 08:30 – 17:00
  • Wednesday 08:30 – 17:00
  • Thursday 08:30 – 17:00
  • Friday 08:30 – 17:00
  • Saturday 08:00 – 12:00
  • Sunday Closed –