African Banks Loans are available to people who are in need of financial support. These loans are offered by African Bank from as little as R500 and can go up to R30 000 depending on your affordability. African bank loans are more flexible than most of bank loans and are approved much quicker.
Types of African Bank Loans
African Bank loans are offered in two categories and these are short term loan and long term loans.
Short term loan – these are loans ranging from just R1 000 up to R10 000 with a 3 months to 12 months repayment period. These are designed for unplanned expenses and for smaller purchases.
Long term loans – this type of loans can range up to R180 000 with a repayment period of up to 84 months.
African Bank Loans Application Process
Applying for African Bank personal loan can now be done online or you can walk into one of their branches spread across the entire country. The online loan application process takes just a few minutes if you have all your details needed.