African Bank Personal Loans – Contending with Financial Challenges

Overview

If you’re looking for a solution to your financial challenges in the form of credit, it may be useful to consider options provided by African Bank. With a vested interest in helping clients to manage their financial health, African Bank assists clients with navigating through financial mazes. African Bank does this by providing access to affordable, convenient and responsible credit. Credit solutions offered by the bank include Personal Loans which are short and long term. 

Loans are offered from R500 to R150 000, while flexible repayment periods of between 3 and 60 months are also provided, giving you ample time to repay the loan comfortably. Your instalments are fixed, so you don’t have to contend with any surprises.

To qualify for an African Bank Personal loan you need to be at least 18 years old with a valid South African I.D. You’ll also need to provide your latest original payslip, proof of residence and 1 months’ bank statement reflecting your salary deposit or savings book.

Life is unpredictable and we never know when events may occur which can derail all sorts of plans. Having insurance to cover debts in the event of the unexpected, gives you and your family peace of mind during these times. This is the reason African Bank provides an insurance product designed specifically to deal with such situations.

Credit life Insurance is offered by African Bank on all Personal Loans. This product ensures that your debts are settled in the event of unexpected life events. Cover includes: death, permanent disability, temporary disability, retrenchment, compulsory unpaid leave and Short Time.

African Bank believes in creating credit solutions that work for you. To find out more about what the bank has to offer, visit www.africanbank.co.za.