Requirements for applying for an African Bank personal loan:
- Be at least 18 years old;
- Have a verifiable legal source of income;
- Be a citizen of South Africa.
The necessary documents for an African Bank personal loan application include:
- Current income statement;
- Proof of address;
- South African identification documents;
- Bank statements from the last three months.
Once you have all the required documentation and meet the specified requirements, you can proceed to complete the African Bank personal loan application form.
Where can you apply for an African Bank personal loan?
You can apply for an African Bank personal loan directly through their internet banking platform or the African Bank mobile application. The application process involves completing a comprehensive form and attaching the required documentation.
The loan application is promptly assessed, and if approved, the funds are disbursed on the same day.
How can you receive the loan amount and where should you make the loan repayments?
Upon approval of your loan application, if you do not already have an account with African Bank, they will open a savings account to deposit the loan amount.
The loan repayments will be deducted from this account if you opt for automatic payments. Alternatively, you can make the repayments through invoices at any physical or online banking institution.
Ready to apply for your personal loan with African Bank? Let’s get started together!