Rating based on 1,008 reviews
About African Bank
The financial products and services that we offer are designed to help get you where you want to be as quickly and efficiently as possible.
Whether you're looking to open your first bank account or buy your first home - African bank has the right product for your needs.
We work harder for you
We're one of the smaller banking corporations in South Africa but, our products are highly competitive in terms of rates and features and we serve people on an individual basis - which is unique.
We strive to offer you superior banking and lending products and excellent customer service.
What African Bank can offer you
If you need a personal loan African Bank can offer you one between R500 and R200,000 with a low-interest rate of between 10,5% and 28% per annum.
In addition, our loan terms that range from 3 to 72 months are ideal for any sum of cash needed.
A full-service bank offering you more for less
Whether you're looking for a specific product or are looking to change banks for the long term we are here to help you!
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In a Nutshell
- Average processing time 24 hours
- Online application
- In-store application
- Unsecured loan option
- Secured loan option
- Early repayment
Whatever your needs are we are sure that you will find the answer under our roof
Although we're facing tough economic times African Bank is still able to offer customers low-interest rates and convenient loan features to help them reach their financial goals in a smarter and more affordable way.
From financing a car to taking a holiday with your family - our personal loans can get you there!
Don’t compromise - get what you need!
As a customer looking for a fast loan, you will definitely need to compare the interest rates that are on offer but, there are other factors that are also critical to making a good decision.
One of these is the loan amount the bank is offering and another is the loan term that you can get. This helps you get the perfect loan without compromising on loan your amount.
Sharing is caring
As South Africans, we understand the importance of ‘ubuntu’ and sharing with one another. This is why, at African Bank, we have embraced ubuntu entirely in our operations by developing a special bank account that has been designed to be shared. We share family, foods and lives with those that we care about the most so why not share a bank account? This is a perfect solution for teen’s opening their first account or for family stokvels! Whatever you can think of we can help you make it a reality. Apply for your shared account today!
A world of banking at your fingertips
We all live busy lives which have drastically altered the way that we view the world. Businesses and people are constantly looking for ways to make processes more efficient in order to get things done faster. This is why we offer online banking – no more bank queues or delays. You now have the world of finance available to you at your fingertips. At home and want to make a few transfers? Simply log onto your internet banking with your computer or laptop and consider it done. Are you at a restaurant and want to check up on a few things while you wait for your food to arrive? Use our mobile app on either your Tablet or Smartphone. The world is now in your hands.
Eligibility & Requirements
- Credit check
- Good credit history
- Recent pay slips
- Bank statements
- Proof of address
Other Products & Services
Customer Reviews & Testimonials
Thanks to African Bank I was able to finance the vehicle that I have always wanted in a hassle-free process. Thank you African Bank!
— Grahamstown —
Loving the new shared accounts! Finally a bank for South Africans by South Africans embracing our values of ubuntu entirely!
— Mthatha —
Here’s a short video about African Bank
- 59,16th Rd, Johannesburg, Midrand, 1685, South Africa
- Private Bag x170, 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 –