Rating based on 57 reviews

African Bank Loans

  • Quick loans up to R350,000
  • Low-interest starting from 10.5%
  • Repayment up to 72 months

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African Bank Loans homepage
Author African Bank Loans. Screenshot of African Bank Loans website.
[Accessed January 30, 2023]

African Bank - Unsecured personal loans

Sometimes life hands you lemons. What you do with your lemons is your choice.

If you choose to make lemonade then you have come to the right place. A quick loan from African Bank can turn your lemons into lemonade in no time.

With jokes about lemons aside, you don't need to get discouraged over the casualties that life has to offer. Financial difficulty is becoming a more frequent occurrence among South Africans. African Bank can help when those times come knocking.

African Bank is your one-stop finance shop

It is not only easy but also convenient to have a financial institution that can offer you a wide range of services in one place. African Bank is such a great institution. They not only save you money but time as well by enabling you to get all your financial needs met without having to go anywhere.

This is especially great news for the people that don't have the time to search for different providers. Your time is valuable and they understand that.

Just some background

African Bank was founded on 4 April 2016, by founder Sam Motsuenyane. It started as a dream and blossomed into a bank that has values and strives to better its customer's financial status.

In 2019 the bank was already employing more than 3 886 South Africans. With its headquarters in Johannesburg, African Bank is licensed as a locally controlled bank by the South African Reserve Bank.

It has endured some of the hardest financial turmoil and tells a story of success. Become a part of the success story today by partnering with them.

Quick and efficient loans

Customer service is a quality that not all financial institutions take seriously these days. With African Bank, the level of customer service is of a high standard.

You will never be wondering what happens next or what you are paying for. They believe in transparency above all else. Responsible decisions are made on the clear and correct information and this is their promise to you.

When you apply for a quick loan from them they promise to keep you as informed as they possibly can.

The quickest Quick loan available

With amounts of up to R350,000 to borrow, they have also made the terms of the quick loan customisable to your needs. On the topic of speed, African Bank has made its application process so super-easy that it will only take you minutes to complete. The loan terms range from 7 to 72 months.

Along with the speed, they also offer you convenience and you are free to complete the application form anytime you like. The application is available on the website or via the African Bank App.

Know before you hit go

When it comes down to money, managing it correctly can save you from uncomfortable financial situations.

There is a nifty new tool available at African Bank. They call it the loan calculator. It is simple and super-easy to use and takes the nasty surprises out of the equation.

By using the sliders on the calculator you can find out what the estimated repayment amount on your quick loan will be. You can know if you are within your budget before you apply.

African Bank Loans – Quick loan

  • Loan Type Quick loans
  • Interest Rate 10.528% p/a
  • Loan Amount up to R350,000
  • Repayment 3 months to 72 months

Benefits of African Bank Loans

  • Get a quote in 3 minutes
  • Quick loans up to R10,000
  • Manage your money online

Quick loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This quick loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

Africa Bank – Tailored banking solutions

Like everything in life, applying for financing has a process to follow too.

As previously stated, African Bank has gone above and beyond to take the fuss out of the process. Some documents will be required to complete the application successfully.

The documents you will need: 

  • To prove you are older than 18, your ID document is needed.
  • Your income is important so your three latest payslips will do the job.
  • Your salary needs to be paid into your bank account and proof of this will be three months' bank statements.

Ready, set, go! You may now move on to the application form.

How you apply

Step one:

Navigate to the website. Use the loan calculator to indicate your fast loan amount and terms. When you are presented with an acceptable estimate, hit the apply now button.

You will be directed to the application form page where you will complete your details as well as your financial details. After completion, you can submit your application.

Step two:

You will have to have your phone nearby to receive the one-time pin that will be sent to your number. You will then enter this on the website confirming that it is indeed you that is doing the application.

Step three:

You will then be presented with an offer. If you agree with the offer you can accept. The necessary documents will be sent for your signature. Your quick loan is now signed and sealed and will be paid into your account soon. It's as easy as that.

Make African Bank your partner today

There is no need to allow a little financial hiccup to get you down. All you need to do is to partner with a lender that has your best interest at heart.

African Bank makes promises they keep. You will never be left in the dark with them. Each customer is equally important to them. Choose wisely today by choosing African Bank.

Benefits galore at African Bank 

  • The application process is quick and super-easy.
  • Access to a useful loan calculator for free.
  • You can customise your quick loan.
  • The application is available on their downloadable app.
  • They offer convenience.
  • You get fixed repayments.
  • Honest, transparent, and trustworthy.
man holding thumbs up

African Bank Loans is a trusted & reliable provider of quick loans

In our review, African Bank Loans adheres to the compliance criteria in accordance with the National Credit Act, where the granting the loan will not cause financial distress to the consumer.

✅ African Bank Loans is a registered credit provider in South Africa: NCRCP 5

Customer Reviews & Testimonials

September 2018

I was surprised by how professional the staff is.

Tshido M
— East London —

February 2019

Needed a personal loan for my car and it got approved in such a short time!

Simphiwe P
— Johannesburg —

August 2018

African Bank does not just give you loans, they solve your problems. They give you solutions.

Jonno D
— Pretoria —

August 2021

I would like to take this opportunity to thank African Bank for the outstanding service I received. The application was a breeze and took only a few minutes to complete. I applied only and receiv...

Sebenzi B
— Umhlanga —

November 2021

Getting a quick loan has never been this easy. Many lenders make promises of ease but African Bank delivers on its promises. I downloaded the app and applied for my quick loan in no time. This is...

Karelse C
— Boksburg —

December 2022

I have only recently heard of the services that African Bank offers. I applied for a quick loan from them and the service I received was of outstanding quality. I am now proudly banking with them...

Olwage S
— Cape Town —

African Bank Loans Contact

Physical Address

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