Absa Loans – Helping Ordinary South Africans Fulfil Their Needs

Overview

As a consumer, chances are that you have compared your fair share of banking institutions to make sure that you choose the one that has your best interests in mind. One bank that continues to come out on top of most consumers’ minds is Absa. Now forming part of the Barclays Group, it offers a range of products and services with different features. The bank has been instrumental in creating unique loan solutions tailored around individual needs. Ordinary South Africans are able to rely on Absa’s services for their unique needs. 

Absa Express Loans: 

These loans are short-term credit and may be useful for paying for rent school fees, medical bills etc. Loan amounts are offered between R1500 and R8000. They are repayable within a period of 1 to 6 months.

Absa Personal Loans:

Ideal for longer-term goals such as home renovations or buying a new car, these loans are repayable within 1 to 7 years. Amounts are offered between R3000 and R150 000.

Absa Revolving Loans:

To qualify for this credit facility, you need to be earning a minimum monthly income of R8000. This facility gives you access to repaid loan funds that you have already paid back on a recurring basis. Interest rates are fixed, so you are assured that your instalment remains unaffected by fluctuations in the interest rate.

Absa Overdraft Loans:

These loans allow you to borrow beyond your zero bank balance. To qualify, you need to earn a minimum of R3000 per month. Interest is charged on a daily basis, so it’s advisable to pay the loan back as soon as possible.

Get more information about Absa loans here: www.absa.co.za.

Alternatively, call: 0860 100 372.