ABSA is a Registered Financial Service Provider / NCRCP7

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About ABSA

Overwhelming debt is a problem that is facing millions of South Africans and is an issue that cannot be solved overnight and therefore requires a well thought out plan.

At ABSA Bank we believe that proper evaluation of a customer financial situation is key to the development of a suitable solution - if debt consolidation isn't right for you alternatives should always be considered.

Keeping your Best Interests at Heart

Over the years we've been able to develop strong relationships with our customers who trust us to have their best interest at heart. From the staff that work for us to the customers that we so passionately serve we treat people like they deserve to be treated - with dignity, respect and compassion.  

What ABSA can offer you

If you're looking for a personal loan that will enable you to finally take that family holiday or consolidate your debt to free up some of your monthly income ABSA offer you the country's most competitive products that will get you where you want to be - quickly and within your budget.

Borrow up to R300,000 and get control over you debt

With ABSA you can apply for a loan online and have your multiple unsecured debts consolidated into one, neatly packaged personal loan at an affordable interest rate with lower monthly payments. Our loans carry a maximum interest rate of 17.5% above prime and we offer flexible loan terms of up to 84 months.

In a Nutshell

  •  Loan minimum R 250.00
  •  Loan maximum R 350,000.00
  •  Interest rate Maximum interest rate: Prime +17.5%
  •  Loan term minimum 30 days
  •  Loan term maximum 84 months
  •  Average processing time 1 to 72 hours
  •  Online application
  •  In-store application
  •  Unsecured loan option
  •  Secured loan option
  •  Early repayment

Consolidate Debt with an ABSA Personal Loan

If you have any question or want to chat to us about consolidating debt please send us an email or call us during office hours and we will gladly assist you with speed, efficiency and expertise.

With ABSA Bank you get professional service with a smile every time you bank, lender, transact or chat to us!

Apply for a Loan Online

Our fast loan application has been developed with simplicity and speed in mind. You can easily complete the online form in 10 minutes or less and then proceed to upload the required supporting documentation if any is required to finalize your application.  

Eligibility & Requirements

  •  Stable address history
  •  Employed full-time
  •  Earning a stable income
  •  Credit check
  •  Good credit history
  •  Recent pay slips
  •  Bank statements
  •  Proof of address

Other Products & Services

  • Accounts
  • Credit Cards
  • Personal Loans
  • Exspress Loans
  • Study Loans

Contact Details

  •  021 525 2640
 Visit Website


 Physical Address

  • Canal Walk Century Blvd, Cape Town, Century City, 7441, South¬†Africa

Opening Hours

  •  Monday 08:30 – 15:30
  •  Tuesday 08:30 – 15:30
  •  Wednesday 08:30 – 15:30
  •  Thursday 08:30 – 15:30
  •  Friday 08:30 – 15:30
  •  Saturday 09:00 – 12:30
  •  Sunday Closed –