Loan amountUp to R 350 000
Repayment term12–84 months
Interest rateFrom 13.75%Annual interest; personalised

What to know at a glance

Bank personal loan. A minimum loan amount has not been confirmed in this directory. Approval and your final terms depend on the lender’s assessment.

Fees and the full cost

The 2026 Personal Loan fee table includes VAT. Insurance is an additional component to confirm in your quote.

Initiation fee
Up to R1,207.50, including VAT, according to the 2026 pricing guide. Confirm your exact charge.
Monthly service fee
R69 per month, including VAT, in the 2026 pricing guide.
Credit life / protection
Mandatory for Personal Loans. The Credit Protection Plan lists death, disability, critical illness, terminal illness and loss-of-income cover, subject to its terms. The reviewed product page does not publish the premium or calculation basis; obtain the policy schedule and confirm replacement-cover requirements.

Compare your total repayment as well as the monthly instalment. Ask for a written quote showing the exact rate, initiation fee, service fees and insurance applicable to you.

A detail worth checking

The product page says 12–84 months, from 2 months for existing Absa customers; general pricing says 1–84. Filters use the specific 12–84 range. Online applications start at R3,000 per the Express page; a universal minimum is not confirmed. Absa calls its starting rate APR; all-in APR is not verified.

Before you apply

  • 18 or older; valid SA ID
  • At least R2,000 monthly income paid into a bank account
  • Proof of income and affordability assessment

Other Absa options

These products or customer groups have their own limits and pricing.

What happens next?

The button takes you to Absa’s official product page. You decide whether to start an application there. The lender may request documents, obtain consent for credit checks and assess affordability.

Browsing Fairloan does not constitute an application. We do not collect your identity number, documents or contact details, and we cannot predict approval.

Sources and registration

Registration information published by the lender: NCRCP7. This is not a live registry verification. Check the NCR register and confirm the legal entity before applying.