About Absa Bank
ABSA Bank is one of South Africa's largest, most dynamic and advanced banking institution.
We are passionate about helping families achieve the financial freedom that they deserve without having to sacrifice their living standard to do it.
Products and Services as Diverse and Unique as our Customers
As an ABSA client you will be able to access a range of unique and innovative products and services from home loans that cater to your income and future goals to student loans to help you further your studies and brighten your future earning and working prospects. At ABSA you have the world at your fingertips.
What Absa Bank can offer you
We offer insurance products, Forex and a range of add-on services for our many products.
Understanding our Student Loans
ABSA's student loans will pay for your studies, books, accommodation and living expenses and is available at the prime interest rate - which means you get a low rate that helps you save money.
In fact, ABSA is so certain our student loan rates are unbeatable we'll beat any rate you can get elsewhere if it's lower than ours.
In a Nutshell
Any full time or part time student can apply for a student loan with ABSA. Every year you must reapply for another student loan until you have completed your course.
You will be repaying either the capital and interest or interest only for a period of 12 months depending on what your particular needs are.
Applying with a Sponsor
The student or the sponsor must be earning a minimum of R3,000 per month in order to be eligible to apply for a loan with ABSA.
You must also have been accepted by the university to be able to apply and prove this in the form of an acceptance letter or proof of registration, proof of income, valid ID's of student and sponsor as well as detailed information on the course of the course.
Eligibility & Requirements
Other Products & Services
- Bank accounts
- Youth and studen accounts
- Islamic Banking
- Credit Cards
- International Banking
- ABSA rewards
Here’s a short video about Absa Bank
- Kenilworth Centre, 1 Doncaster Rd, Cape Town, Kenilworth, 7708, South Africa
- Monday 08:00 – 15:30
- Tuesday 08:00 – 15:30
- Wednesday 08:00 – 15:30
- Thursday 08:00 – 15:30
- Friday 08:00 – 15:30
- Saturday 08:00 – 12:30
- Sunday Closed –