Rating based on 55 reviews

African Bank Loan

Updated
African Bank homepage
Author African Bank. Screenshot of African Bank website.
[Accessed December 9, 2022]

About African Bank

For the best unsecured personal loans, African Bank is the lender of choice.

African Bank is one of South Africa’s biggest lenders; they strive to empower you to reach your financial goals through the provision of affordable and convenient credit solutions. Their offerings are based on the principles of responsible lending.

Fast loan approvals

African Bank offers personal attention, an easy and convenient application process, and an unbiased credit assessment.

Some of the top benefits of their services include quick loans online and same-day payout. They have competitive interest rates which can be fixed for the term of the loan. You also get to choose the most suitable monthly repayment amount based on your personal budget. 

African Bank offers special rewards to reliable credit holders plus a lot of extra perks. Contact African Bank today to enjoy a service that is professional, friendly, and that will exceed your expectations.

African Bank Services

African Bank has developed its personal finance products based on its customers' needs.

When you're in the midst of a cash emergency, you cannot go through a lengthy loan application process and wait hours for approval. That is why African Bank offers a quick loan online between R1,000 and R50,000 with flexible repayment terms.

Tailor-made 12% Loans

You can choose to repay the loan over 9 to 24 months depending on your requirements and financial plans. The application takes minutes while the funds are transferred instantly upon approval.

These nifty loans can help you cover unplanned expenses, make an important purchase or deal with any financial difficulty efficiently.

If you’re planning on buying a vehicle, planning on furthering your education, or perhaps want to do a few home renovations, African Bank's low-rate personal loan could be one of the ideal products to suit your needs. 

African Bank – Quick loan

  • Loan Type Quick loans
  • Interest Rate 1224.5% p/a
  • Loan Amount up to R50,000
  • Repayment 9 months to 24 months
  • Decision 48 hours
  • Monthly Service R69

Benefits of African Bank

  • Get a quote in 3 minutes
  • Flexible repayment terms
  • Fixed monthly payments

 Quick loan calculator

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Loan interest rates depend on your credit score and risk profile.
This quick loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

African Bank delivers affordable quick loans in minutes

The high cost of living and the lack of stability of the South African economy make financial emergencies a common occurance.

The important thing for African Bank is that they resolve these emergencies quickly, effectively, and affordably. Contact a consultant at African Bank, and they'll assist you with any information you may require about their quick loans or any alternative product that could work for you. 

You can depend on African Bank 

African Bank is a solid financial institution with an excellent reputation. You'll receive the great personal attention and professional assistance based on their extensive expertise and experience.

You can deal with the bank with complete peace of mind about your financial well-being. Their quick loans are some of the fastest available from large commercial banks and come at competitive rates.

You can apply for a loan online and sign the loan agreement over the internet as well. You won't need to visit a branch. In fact, you won't need to leave your home. You can expect the processing to take no longer than a day or two. When you sign the loan agreement, they'll transfer the cash amount to your account and notify you via SMS.

Quick Personal Loans within 24–to–48 hrs

These unsecured loans are specially designed for covering emergency expenses like Doctors' bills or replacing a broken appliance. A quick loan can be used for anything you need. 

You can take out a short-term loan of up to R50,000. You can choose the repayment term as well which will be between 9 and 24 months. A shorter term will result in larger monthly instalments, but you'll be able to save on interest.

One of the major benefits of the financial products offered by African Bank is that they have fixed interest rates for the duration of the loan. As a result, the monthly instalments are also fixed and you'll be able to manage your budget without any stress.

Interest rates are based on your credit profile

Just keep in mind that the interest rates are determined individually based on your credit history as credit checks are done on all applications. African Bank loans are helpful in case of an emergency – contact them today, their loans are affordable and their services are quick and easy – no hassle-no fuss.

man holding thumbs up

African Bank is a trusted & reliable provider of quick loans

In our review, African Bank adheres to the compliance criteria in accordance with the National Credit Act, where the granting the loan will not cause financial distress to the consumer.

✅ African Bank is a registered credit provider in South Africa: NCRCP7638

Customer Reviews & Testimonials

April 2019

African Bank has always provided me with loans best suited for my budget.

Lebogang K
— Rustenburg —

June 2019

I would recommend African Bank because they have some of the most affordable credit plans.

Ronald J
— Sandton —

June 2019

African Bank uses such a convenient loan application system.

Brandon J
— Cape Town —

African Bank Contact

Physical Address


Postal Address

  • Private Bag x170, Midrand, 1685, South Africa

Opening Hours

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