Absa Loans for Everyday People – Helping you with Cash when Most Needed

Absa Loans for Everyday People – Helping you with Cash when Most Needed

Forming part of the Barclays Group, Absa operates with world-class systems and a group of staff that is dedicated to excellence. Absa has created a suite of loan solutions, designed to satisfy specific financial needs. 

Absa Express Loans:

These are short-term solutions which provide clients with finance between R1500 and R8000. Clients have between 1 and 6 months to repay this loan amount. There are no penalties for early repayment and to qualify you need to earn a minimum of R1500 per month. A Credit Life protection plan is included to ensure that your loan is repaid in the unfortunate event of your death, or permanent disability.

Absa Personal Loans:

These loans are more long term so you can use the funds to finance renovations on your home or for even financing the purchase of a new car. You are given between 12 and 72 months to repay. No collateral is required so you don’t need to put up any assets to secure the loan.

Absa Revolving Loans:

This loan gives you access to between R15 000 and R150 000 in funds. You can re-borrow more loan funds when you pay off a minimum of 15%of your initial loan. An added benefit is that you don’t have to re-apply for a new loan if you need more cash. To qualify for this service you need to earn a minimum salary of R8000 per month.

Absa Overdraft:

To qualify you need to earn R3000 minimum per month. This facility allows you to make purchases or payments even if your bank account has a zero balance. Interest is charged daily and the amount will depend on your pre-agreed limit.

Absa ATM Loans:

You can access between R250 and R3000 at any Absa ATM. A once-off 10% (VAT exclusive) admin fee is charged on your repayment, which should be made within 31 days.


  • Be an SA citizen
  • Be 18 years or older
  • Provide a valid SA I.D.
  • Provide proof of address


Visit www.absa.co.za for more details.

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