To become eligible for an Absa Personal Loan with repayment terms over 12 months, you must have a monthly income of R2,000 or higher, be over the age of 18 and a bank account to your name where your salary is paid. For smaller loans with terms between 2 and 6 months, you must earn a monthly income of R1,500 or more, be over the age of 18 and have an Absa account in which you receive your salary.

Absa is committed to offer you the best services and rates available. So, if you receive a lower interest rate on a personal loan elsewhere, they will provide an even lower rate than the competition. That means your monthly installments and total interest of your original Absa loan agreement will decrease to match this offer. Terms apply, so be sure to read their conditions carefully.

You can easily and quickly apply for an Absa Personal Loan via online or mobile banking. You can also visit a local branch with all the required documentation, or call their call centre at 0860 100 321 and speak directly to a representative.