Absa offers different channels in which you can apply for their personal loans. You can easily and securely apply for it online through their website, or download their mobile app and create an account. You can also request a personal loan by calling their call centre at 0860 100 321 or visit a local branch.

To qualify for an Absa Personal Loan, you need to be a South African resident over the age of 18 with a valid SA ID, mailing address and steady employment. You need to provide proof of address and income as well. For loans with terms of 12 months or more, you need a monthly income of R2,000 or more and a bank account to your name where your salary is paid. For short-term loans, you need a monthly income of at least R1,500 and an active Absa bank account in which you receive your income.

Absa’s Credit Protection Plan is a guarantee that your loan will be taken care of in case of an unexpected emergency. It works as an insurance that will cover your balance in case of loss of income, disability, critical illness, terminal illness or death. The Credit Protection Plan is mandatory in all of Absa’s personal loan offers.