African Bank is a registered credit provider with South Africa’s National Credit Regulator: NCRCP7638
About African Bank
We're not just a bank - we're a part of a colourful nation and continent.
Having recently gone through a restructuring process, African Bank has now opened its doors as a new service provider with a whole new set of goals, a mission worth fighting for and a bigger and better vision.
We're the people's bank
African Bank is the bank for the people. We care about our employees, our customers and the communities within which we operate and strive to serve them with the greatest degree of compassion and understanding - adding a personal touch to everything we do from answering our phones to serving customers with short-term loans.
What African Bank can offer you
African Bank seeks to grow its customer base and market share by offering South Africans a little more than what they're used to getting from their bank.
From insurance and wealth management to bank accounts and personal loans - we meet the needs of the people.
Lending with African Bank
We offer quick cash loans from as little as R 500.00 to R 200,000.00 at incredibly affordable rates and with the most flexible terms you'll find.
If you're looking for a loan and need it quickly, African Bank is here to make sure you get what you need as quickly as you need it.
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Here’s a short video about African Bank
In a Nutshell
- Average processing time 24 hours
- Online application
- In-store application
- Unsecured loan option
- Secured loan option
- Early repayment
African Bank is the bank for the people
African Bank has a number of branches scattered throughout the country but, we also offer customers the opportunity to apply for a personal loan through our online platform and in the comfort of their own homes.
So you can start the process of getting your quick loan without having to go stand in any long queues- we've made things a lot more convenient for you.
Great loan features
Apart from our obvious short-term loan flexibility and affordability, we have a number of loan features that set us apart from the rest.
One such feature is the ability to take a repayment holiday once a year. This can make your money go further during the Christmas period or during your annual leave.
Apply online today
African Bank likes to stay ahead by offering customers an online loan application service. To apply for a quick loan all you need to do is visit our website and start your application today.
The first thing that you'll be required to do is to provide us with important information like your pay slip, your bank statement as well as your proof of residence. We'll need this information because we need to work out your income and expenses, and the amount that you can afford to borrow.
Pay your loan off early
If you want to pay off your loan early or would like to increase your repayment amounts, simply give us a call and we'll make the arrangements. Otherwise, if something happens and you find yourself unable to make your repayments, call us and we'll make a payment arrangement.
A loan tailored to your needs
Our loans are tailored to your personal needs and situation. This means that when you apply for a loan from us, we'll take the time to carefully assess your individual circumstances so as to allow us to design a loan with a rate and a term that matches your affordability.
We move quickly
After you've applied for your loan, it will take only a few hours for you to get a decision. Therefore we can promise to always provide you with a speedy service that will get you what you need when you need it.
Eligibility & Requirements
- Credit check
- Good credit history
- Photo ID
- Recent pay slips
- Bank statements
- Proof of address
Other Products & Services
- PERSONAL Loan
- QUICK Loans
Customer Reviews & Testimonials
This is the type of bank that understands its people. I am so happy with your service and with my loan. Keep doing the good job that you are doing.
— Pretoria —
I really can't complain about anything. A big thumps up from me!
— Johannesburg —
I can't thank you enough for how quickly you were able to help me. Because of your compassion, I was able to pay my medical bill without a hiccup.
— Durban —
When I called customer care I spoke to the nicest person who was so kind and respectful. Well done on a great and efficient customer service.
— Port Elizabeth —
Find us here
Shop LG9A, Ground Floor, Pan Africa Shopping center, crn Watt and Third Street, Johannesburg
Private Bag x170, Midrand, Johannesburg, 1685, South Africa
- Monday 08:30 – 17:00
- Tuesday 08:30 – 17:00
- Wednesday 08:30 – 17:00
- Thursday 08:30 – 17:00
- Friday 08:30 – 17:00
- Saturday 09:00 – 13:00
- Sunday – Closed