- Short-term loans up to R350,000
- Low-interest starting from 3%
- Repayment up to 84 months
[Accessed January 30, 2023]
ABSA Loans – Your top choice for Short-term loans
ABSA will be the top choice when you need a short-term loan.
They are a South African bank that specialises in individual and corporate banking, credit cards, investment finance, and savings management.
ABSA bank limited is a solely owned secondary financial provider of the Barclays Africa Group. To ensure that they meet the requirements of their customers, they use their ability, dynamism, and resources to deliver the finest outcomes.
Foundation and going forward
ABSA is a truly African brand and was founded in 1991. They are listed on the JSE and are one of Africa’s largest diversified groups with branches in 12 countries across the African continent.
They are internationally recognised with branches in the United Kingdom and the United States. One of their missions is to help those in need. In 2007 a total amount of R60,9 million was donated to teaching, wellbeing, ill health, and the environment.
You will be treated with integrity and respect
You will be treated fairly and openly in every service that they offer, and they will make sure you have a unique loan experience.
You will not be taken for granted and the contribution you make to their financial institution is very important to them. They are constantly seeking better and innovative ways of creating a good service so that you can grow financially.
Effective short term loans
Get the cash you need with the help of a short-term loan from ABSA.
Thinking about improving your home, buying a car, or just some extra cash? A loan from ABSA could be the quickest and easiest way. Their loan amounts range from R1 500 and R8 000, and it is unsecured with a fixed repayment term of up to six months.
ABSA pays you back
The most amazing part of having an ABSA card is that you get rewarded when you swipe your card.
You can earn up to 30% cashback, depending on your rewards level on everyday purchases from their grocery, fuel, and health and beauty partners. Get paid to use your card this way you will have some extra spending money.
Innovative technology at your fingertips
The banking app is a quick, smart, and easy-to-use way to the bank and the great part about it is that you don’t even need data or Wi-Fi to use it.
What makes the app convenient is that your app will allow you to do multiple transactions like buying electricity or airtime, paying beneficiaries, and more.
You can be assured that it is super safe to use with the protection of their free digital fraud warranty. All you need is your smartphone, and you are set to bank wherever and whenever plus it is free to use.
ABSA – Short-term loan
- Loan Type Short-term loans
- Interest Rate 3 – 7% p/a
- Loan Amount up to R350,000
- Repayment 2 months to 84 months
Benefits of ABSA
- Competitive interest rates
- The best loan deal for your needs
Short-term loan calculator
ABSA - reliable short term loans
ABSA makes short-term loan applications easy with a variety of options to choose from. This includes ABSA online, the ASBA banking app and cell phone banking.
Providing a seamless banking service to their customers remains a top priority to them.
- A good credit record.
- An Absa bank account that is active for more than three months.
- You must be 18 years of age or older.
- Your last three months’ payslips or bank statements.
- A minimum monthly income of R1,500.
Follow these easy steps to apply for a loan with ABSA:
- Use the loan calculator to determine the loan amount you can qualify for.
- Fill in your details.
- A credit check will be done, and your details will be processed.
- If your loan is approved you will receive the money shortly after.
Get access to funds quickly and hassle-free for a short period. A short-term loan will help you to build a good credit record with easy repayments via debit order on a date of your choice. Switch to a bank that will put you first and apply for a loan with ABSA today.
Benefits you will gain with a loan from ABSA
- The best loan deal for your needs
- Reliable short-term loans.
- Hassle-free online application.
- Easy to use and safe and secure online banking.
- Friendly staff to give you the advice you need.
- No endless queues and paperwork.
Customer Reviews & Testimonials
Aside from offering a variety of financial products that will tickle anyone’s fancy, they also ensure that their loans are fair, affordable and competitive. I have been banking with Absa for any ...
— Paarl —
When I borrow from Absa I know they will take care of my interests because they care so much for the South African community already. They do not hide any charges, fees or important clauses. Ever...
— Bellville —
My days are very busy and I struggle to find time to get anything done. This is why, when I noticed Absa’s online loan application, I rejoiced! Doing things over the internet is a godsend for my ...
— Stellenbosch —
Aside from offering a variety of financial products, they also ensure that their loans are fair, affordable and competitive. I have been banking with Absa for many years and I am still as happy a...
— Paarl —
When I applied for a loan from Absa, they took care of my finances. They do not hide any charges, fees, or important clauses.
— Knysna —
My days are very busy, and I struggle to find time to get anything done. Therefore, when I noticed Absa’s online loan application, I rejoiced! Doing things over the internet is saving me a lot of...
— Clarence —
- Troye St, Sunnyside Pretoria Gauteng 0001 South Africa
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ABSA Universal Branch Code
- PO Box 7735, Johannesburg, 2000, South Africa
- Monday 08:30 – 17:30
- Tuesday 08:30 – 17:30
- Wednesday 08:30 – 17:30
- Thursday 08:30 – 17:30
- Friday 09:00 – 17:00
- Saturday 09:30 – 13:00
- Sunday – Closed