African Bank – Home loans

African Bank was established to deal with the growing need for a bank that can understand the uniquely African needs of clients.

We strive to destroy the prejudice and discrimination that exist in some facets of the banking industry, and make essential financial services available to all those who need it.

We’ve always aimed to embrace our rainbow nation’s diversity, and we always will.

Dedicated to supporting the country

We care for South Africa and its people, and have gone the extra mile to help alleviate issues in the communities we operate in.

While we supply our clients with affordable and reliable services through our banking operations, we also have a number of charity and outreach programs.

These include education programs, sport upliftment programs, and entrepreneurial or business loans that we supply to the community and our customers.

Overcoming adversity, in favour of diversity

As we’ve already mentioned, overcoming challenges in our beloved country has been of paramount importance to us from our inception.

We believe all of South Africa’s citizens deserve equal access to service, and we provide it, even when it comes to helping people with their property finance needs.

We want all our customers to leave knowing they received the friendliest, most sought-after service in finance, and we achieve that through our caring company policy.

By using our services, you help us create the ideal South Africa we envision.

African Bank supplies a variety of services, with many benefits.

We’re available 24/7 as we refuse to let our customers worry for nothing. We have the best interest rates in the country offering a return interest of 13.33% on most investments. Countless happy customers that have benefitted from this high interest rate when making investments.

The exceptional range of services

We provide a strong set of investment and growth features. This includes loans and other financial products, as we know how difficult it can be to stay ahead of your goals.

We keep our money transfer costs low, at R2.20 to be exact. Why should you pay a fortune to move your money around, when with us, this can be done with coins?

A unique approach to finance

We provide a set of exclusive services, namely personal loans of varying shapes and sizes, debt consolidation loans, and housing finance solutions. We also provide loans at only 15% interest, which is substantially lower than our competition.

These can also be boosted by our valuable deals which offers customers a tablet, laptop or cell phone as part of your loan free of charge.

Our account benefits

Our accounts are loaded with benefits that keep adding value. Whether it’s our low cost banking or our high interest return on investments - you always get something back.

We even allow you to open up to six accounts, giving easy access to your money and complete flexibility in how you manage it. These accounts can be for growing savings or for taking advantage of other services, including loans and insurance. While we don't offer home loans, we can help you save for a deposit for one.