Absa Online Loans – Easy Access to Extra Cash

Overview

Absa bank, now a wholly-owned subsidiary of the Barclays Africa group, offers its clients a range of solutions to help them meet their transacting, savings or investment needs. Credit solutions offered by the bank include Personal, Car and Home Loans.  

Absa Online Loans are an easy way to gain access to extra cash. The cash may be ideal for paying for your dream house, for a wedding or for an unexpected medical expense.

What benefits are offered by Absa Online Loans?

• Best interest rate guaranteed 

Absa promises to match any interest rate offered by another registered financial provider.

• Easy approval 

The qualifying criteria are not too strict. These criteria may include: 

• Be a South African citizen
• Have a valid South African I.D.
• Provide proof of residence
• Be employed and earn a minimum salary of R1500 per month
• Have a bank account into which your salary is deposited

• Quick access to your money 

As soon as you’ve qualified for the loan, the amount will be transferred directly into your transactional/savings account.

• Flexible repayment terms 

Individuals are given up to 84 months to repay the loans, at a rate that’s comfortable enough for them.

• The money can be used for a variety of needs. 

Whether you need to pay for tertiary education costs, for repairs to your car or for some renovations on your home, Absa Online Loans may be ideal for you.

• There is no collateral needed 

These loans are unsecured, so there is no need to put any assets up as collateral for the loan.

How to apply for Absa Online Loans:

As a new customer, you can complete a secure online application form or call 0860 100 372. You’ll need to provide your valid South African ID or passport, proof of residence as well as proof of earnings.

Existing customers are able to apply for loans of up to R350 000, with 12 to 84 months to pay. To apply for Absa Online Loans as an existing customer, all you need to do is log on to Ansa internet banking. Click the “Apply Now” button and log on.

Visit www.absa.co.za