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African Bank

image of African Bank
image of African Bank

African Bank is a registered credit provider with South Africa’s National Credit Regulator: NCRCP5


About – African Bank

African Bank is the microlender of choice in South Africa when it comes to unsecured personal loans.

We will help you reach your financial goals through the provision of affordable and convenient financial solutions based on responsible lending.

We have recently gone through a restructuring process and we are proud to announce that we have upgraded our goals to help you get the quick loan solutions you need in the shortest possible time.

A bank for the people

We care about our employees, customers, and surrounding communities. We strive to serve you with compassion and understanding. We will add a personal touch to all our services from answering the phone to serving you with short-term loans.

We are a bank for the people, South Africans, essentially the rainbow nation. People from all walks of life and cultures are welcome at our bank. We pride ourselves on our transparency and in serving the community.

Experience is the key

Our team has years of experience in the financial industry, and we use that experience and expertise to supply you with the best products available in the market. Every employee has been trained in customer service as well as the financial industry.

Our personal loans are affordable and transparent. Every individual applying at African Bank will be treated with the highest priority. Our exemplary service has been highly rated by our customers, community, and businesses. We are the preferred lender for many South Africans, and our numbers continue to grow every year.

Services – African Bank

At African Bank, we have developed personal finance based on our customer’s needs. We strive to grow as a company and with the community.

Applying for a loan through us is quick and hassle-free. We will help you obtain funds for those unforeseen emergencies.

We understand that certain situations can bring about financial stress, and we want to take that uneasiness away from you by offering you fast loan solutions to suit your individual needs.

Flexible repayment terms

We offer instant cash loans from R1000 up to R10, 000 with flexible repayment terms. You can choose to repay your loan over 3 to 12 months, depending on the amount you require and your financial plans.

Our interest rates range from 10.5% up to 28% per annum. The online loan application only takes a few minutes and your funds are transferred instantly to your preferred account.

This quick turnaround time is such a benefit when you’re faced with unplanned expenses or emergencies.

Unsecured loans

Unsecured loans are specially designed for emergency expenses. You can select short-term online loans up to R10 000 and the repayment terms vary between 3 and 12 months.

Remember, the longer you take to repay your loan, the higher the interest will be on your total repayment amount.

To save on interest, you are better off loaning a larger amount on a shorter repayment schedule.


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Summary of Services

  • CASH Loans
  • PAYDAY Loans
  • SHORT-TERM Loans
  • PERSONAL Loans


Africa Bank – Tailored banking solutions

With the higher cost of living in South Africa, financial emergencies become more common on a day-to-day basis. It is important to solve these financial emergencies quickly and efficiently.

We have many branches throughout South Africa, but you can also apply for a personal loan on our online platform.

Dependable transparent lender

At African Bank, we have an excellent reputation for being transparent and dependable. You will always receive personal attention and complete professional assistance. We will help you step back into that frame of mind where you’re at ease about your financial wellbeing.  

Apply today!

Once you have agreed to the loan agreement, you can sign for it online. You won’t even need to shift seats in your home, let alone leave it in the first place! The application is entirely online, with your personal documents which can also be uploaded directly to our website. We will transfer the quick cash amount to your account and we will notify you via SMS as soon as this is done.

Loan application requirements

We have a number of branches countrywide where you can go in and apply, alternatively you can apply online. Our online loan application option offers convenience as it saves you time and requires little effort on your part to successfully submit an application.

You will be subject to a credit check when you apply for a loan. The credit check sometimes affects the interest rates you pay. For example, if you have been previously blacklisted or if you have bad credit, you can expect to pay a little more for a bad credit loan.

But through our years of experience, we will still offer you affordable loans and cost-effective interest. The loan process is easy and is designed for your convenience. However, to apply for a loan you must have a good credit history.

The personal documents we require include a copy of your South African ID, proof of address, recent pay slips and 3 months bank statements.

We have a wide variety of products and services to suit every individual need. They are personal loans, consolidation loans and prime loans as well as silver and gold credit cards.

At African Bank, we strive to serve our customers and communities with cost-effective financial solutions. We come highly recommended by our customers for our experience and excellent services. If you need a dependable transparent lender, African Bank is the best option for you. Apply today to get cash quickly with the best interest rates in the industry.


Customer Reviews & Testimonials

 Contact Details

59 16th Road, Midrand, Gauteng, 2191, South Africa
Ph: 011 256 9000 / 0861 111 011
Fx: 087 943 0136
Em: loanbackoffice@africanbank.co.za
Em: cardbackoffice@africanbank.co.za

 Postal Address

Private Bag x170, Midrand, 1685, South Africa

 Opening Hours

  • Monday 08:00 – 17:00
  • Tuesday 08:00 – 17:00
  • Wednesday 08:00 – 17:00
  • Thursday 08:00 – 17:00
  • Friday 08:00 – 17:00
  • Saturday Closed –
  • Sunday Closed –