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Which Are the Rates of African Bank Loans in Randburg? Locations and Quotes

Are you looking for financial support? Is African Bank in your mind? With more than 40 years of trajectory, it seems a really convenient option. African Bank has outstanding loans destined to make Randburg’s citizens dreams come true. Here, we will show you which are the most affordable lending programs that the bank has to offers with their respective interest rates, quotes and possible financing. We will also give you details about contact information for those you have already made up their mind or those who still want to know more about the loans.

                To begin with, let’s start mentioning some of the loans with their features and financing. There also follows some example granted by calculators available in the official web site and the basic requirements to apply for loans:


                Basic needs are usually difficult to meet, especially when it comes to houses, cars and even education. No matter which are your priorities, you will also need sums of money that are hard to get all at once from a single salary. In order to help you with this problem, African Bank lends money to Randburg’s citizens by means of personal loans. The company offers money in amounts that go from R500 to R200000. Interest rates are really low in comparison with other companies in the market: from 10,5% to 28%. And such interest and principals can be financed in periods that go from 3 months to 6 years.


                Do you already have a loan open? Are you trapped in a mortgage? If the answer to these questions is yes, please contact African Bank. The company offers a service that combine all your debts and gives convenient rates so as you can pay off debts as soon as possible. There are affordable programs designed with competitive interest rates. Regarding financing periods, they range from 1 year and a half to 6 years approximately.               

3. THE 15% LOANS

                If you are a responsible client and committed to payments on time, African Bank has important benefits. Money is available in amounts of R5000 up to an amount of R50000 that can be financed with important benefits. No matter which economic changes may the country suffer, once who have paid off the 15% of the loan, you will make the rest of the payments with NO VARIATION. Financing periods can go from six month to three years. You can apply for more than one loan of this type at once.


                It is sometimes difficult to imagine future payments and financing. In order to simplify this, let’s take a look at a financing option for a loan of R20000. This amount of money can be repaid in a period of a single, for example. Please, take into account that some initiation fees may apply, of approximately R1 200 and monthly charges of no more than R69. If you have a good credit history, you can ask for the lowest interest rate as low as 10,5%. As a result, you will have to pay 12 installments of near R2050, which makes a total amount of R 24 588.60.

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                In case you are interested in any African Bank loan, please bear in mind the following point. You should be older than 18 and this have to be guaranteed by your ID. Then, you will have to hand in a copy of your last three pay slips with the amount of money you earn monthly. And finally, you will have to show a proof of residence.

                To continue with, once you know which are the most outstanding points of African Bank, let’s see how current and possible clients can take advantage of them:

-In person: there is an office of African Bank located at 32 Oak Ave. This office is open during the week from 8.30a.m. to 5p.m. and on Saturday from 8a.m. to 12p.m. Consultants are available in person and by phone dialing up11 326 1310 during the same office hours.  Another branch can be found in Fourways Mall. It is the 12 shop of the shopping center located at C/O William Nicol Drive & Fourways Boulevard. Hours of attention and similar to the previous branch, and the exclusive phone number is 11 467 2077

-By phone: African Bank has different phone lines based on clients’ needs. In case you want to know more details about loans and rates, the number is 011 256 9073. However, if you have chosen the right lending programs and you want to start application, the number is 0860 333 004. Both lines are open 24/7.

-Via internet: it is important to mention that African Bank webpage is well-organized. You can enter, choose a loan, read more and even start online application with a single click. What is more, you can write questions and comments to representatives to this e-mail address: 

Is African Bank the only Bank that lends money in Randburg?

                No it isn’t. Fortunately, there are many options of which Randburg’s citizens can take advantage. One example is Wesbank. There is an office located at 1 Enterprise Road in the area of Fairland and it offers not only personal but also business loans. For more information, please call 0861 238 252. Another example is Absa Bank. In fact, you can find a branch in the Verdi Shopping Centre, which is located at 231 Beyers Naudé Dr. If you want to know more about this company, please dial up 11 446 6600.

                All in all, from all the items described above, it is possible to conclude that people who reside in Randburg shouldn’t be worried about money any more. There is an affordable banking company offering outstanding lending programs so as to finance whatever need that may appear on the road: African Bank. Furthermore, keep in mind that this one is not the only option; you can also count on Wesbank or Absa Bank, then. Live happily while financing problems lay in professional’s hands.

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Questions and answers

Does African Bank offer business loans?

You can apply for personal loans and use that money to finance business.

Are refinancing programs available?

Representatives will help you in case you need refinancing.

Which is the minimum age eligible for loans?

The minimum age is 18 years.

Leave your rating about Which Are the Rates of African Bank Loans in Randburg? Locations and Quotes

Interest rates are highly competitive.

Application is available whenever you need it!

I got important discount on rates with 15% loan.

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