Many of us have often taken loans to buy our dream car or the house we want to live in. However, sometimes we run into financial situations that have nothing to do with big ticket items, but rather fixing some personal financial crunches. For such situations, what can help us are personal loans.

Like every loan, it is important to find a trustworthy and dependable financier. African Bank is one such bank that you can rely upon when you’re looking to take out a personal loan.

Not only do they offer flexibility in their repayment terms, but you also count on getting a reasonable amount of money that can see you through your crisis.

Read on to learn how you can apply for a personal loan with African Bank and how much it will cost you to finance the loan, and other details.

Features and Advantages of a Personal Loan with African Bank


Interest is a worry that most people have when they take a loan. With African bank, you don’t have to stress about that.

You can have an APR that starts from as low as 15% for your loan if you have a solid credit standing. It can go as far as 25% in some cases but there are a number of factors for that.

For example, if you take a loan for a longer period, the interest rate will only go higher. Plus, if you have a poor standing on your credit, your APR is likely to go higher as well.

Fixed Monthly Repayments

Most banks don’t give you a fixed amount that you’ll be paying off on a monthly basis. With African bank, that isn’t the case as you’ll know exactly how much you’ll be required to pay off each month.

That makes for easy planning and calculation for your loan and how much you’ll pay at the end.

Flexible Repayment Terms

With African Bank personal loan, you get a loan term from as low as 7 months and it can go as far as 72 months. You have to ensure that you apply for the right amount of time for the loan that you’re taking.

Loan Amount

With this specific bank, you don’t have to worry that you’ll get a small amount for loan, just because it is a personal loan. Here, you can get a loan of up to R.250,000, considering you have a good credit standing.

Easy Application

If you wish to do the application process the old-school way, you can visit any African Bank branch and get started. You can also call at one of the branches that offers loans, and begin the process.

However, with the advent of technology in banking, you can do the application process online. It is much easier and convenient as well.

Simply visit the bank’s website and get the process done online, from the comfort of your home.

Eligibility and How to Apply

To apply for a loan with the African Bank, you have to be 18 years old and above, and need to be either employed or self-employed. There will be some documents required from you. You can learn more about that on the African Bank website.

There’s an easy to fill form. You can also jump straight to the application form by following this link.


Contact Information

You can reach out for help on loan application through the African Bank number at 0861 111 011. The banks’ head office is at 59, 16th Road, Midrand Johannesburg.Afriland First Bank-Cameroon.


African Bank is a reliable financier for personal loan needs. The bank has come of age with the ease of online loan application with their website. This has truly made loan application convenient and hassle-free.