In celebration of who you are.
At African Bank, we see you, and we see the beauty in the way you live, celebrate, and honour your roots. South Africa is a nation of vibrant traditions, deep family bonds, and diverse cultural milestones that shape not only who we are, but how we manage our money.
That’s why we back you with the Isiko Lifestyle Offering, designed to back your journey, your way. Whether you're preparing for Lobola, hosting an Umgidi, planning a traditional wedding, or celebrating faith through baptisms, Bar Mitzvahs, Diwali, Eid, or Christmas, we’re here to make sure your values and traditions are financially supported every step of the way.
Because at African Bank we value your traditions, as much as you do.
Your culture. Your heritage.
At African Bank, we recognise that South Africa’s lifestyle is a rich tapestry woven from diverse cultures, traditions, and a profound sense of community. These traditions shape our lives, including the financial decisions we make. Whether it’s celebrating culture, family, or faith, we understand that these moments are significant in your life.
That’s why we created the Isiko Lifestyle Offering—a solution that seamlessly combines modern financial tools with your traditional needs. From pivotal life events like Lobola, Umgidi, traditional weddings, baptisms, Bar Mitzvahs, to cultural celebrations such as Diwali, Eid, and Christmas, we believe that your traditions matter just as much to us as they do to you.
One Market place for everything your ceremony needs.
What We Offer:
We know that planning these important events can be stressful and overwhelming, which is why we are here to support you every step of the way. Our Isiko Lifestyle Offering provides:
Tailored Financial Solutions: Whether you’re saving for an event or need a short-term loan, we help you find the right financial products to suit your needs. Our offerings include savings accounts, short-term loans, subscription packages, and community savings plans.
Trusted Partnerships: We collaborate with reliable vendors who understand the importance of these occasions and can provide the services and products you need. From event planning to catering and decorations, we ensure that your celebration goes smoothly.
Financial Guidance: We are here to help you make informed decisions by offering valuable insights into interest rates, budgeting tips, and how to take advantage of bulk discounts. Our online store can assist in planning and estimating costs efficiently, ensuring that you get the best value for your money.
Our goal is to ensure that your event or celebration is a success, both financially and culturally, by providing solutions that align with your unique lifestyle. Because at African Bank, your culture isn’t just respected—it’s celebrated.
FAQ
The Isiko Lifestyle solution is a culturally grounded financial and lifestyle offering designed to support South Africans in honouring their traditions. Rooted in the meaning of "Isiko”- a word symbolising culture and heritage, it offers personalised financial solutions, from savings to credit facilities, for life events like weddings, funerals, and coming-of-age ceremonies.
In addition to financial support, Isiko also features a marketplace where customers can find trusted suppliers for their ceremonies, making it a one-stop solution that blends cultural relevance with practical convenience and accessibility. Call on African Bank to back your ceremony from Lobola, Umgidi, baptisms and traditional weddings to Bar Mitzvahs, Diwali, Christmas and Eid.
We know planning these significant events can be overwhelming, and we’re here to ease the process. The Isiko Lifestyle Offering provides:
Tailored Financial Solutions: Whether you’re saving for an event or need a short-term loan, we offer financial products designed to suit your needs. Our options include savings accounts, short-term loans, subscription packages, and community savings plans.
Trusted Partnerships: We partner with reputable vendors who understand the importance of your celebrations. From event planning to catering and décor, we ensure every detail is taken care of.
Financial Guidance: Our team provides valuable advice on interest rates, budgeting, and how to maximise savings through bulk discounts. Our online store also helps you plan and estimate costs effectively, ensuring the best value for your money.
Existing African Bank customers can activate their Isiko Lifestyle account through the App or Website.
New users will need to create an African Bank profile to access this offering.
Our goal is to support your cultural and financial needs without burdening you. That’s why we charge no monthly or statement fees for the Isiko Lifestyle Offering. SMS notifications will cost R0.50 each.
The Isiko Lifestyle savings allows you to earn interest while tracking your progress. Your interest rate is applied on a tiered rate basis. This means that a specific rate will be applied to different amounts, allowing you to benefit from higher rates. The more you save the better you earn!
The Isiko Lifestyle offering also includes short-term loans of up to R50,000. Here’s a summary of the loan features:
- Loans up to R50,000 (subject to credit affordability).
- Required documents: 3 months of bank statements and proof of income.
- Early repayment is allowed with no penalties.
Yes, you can apply for a loan even without a savings history. However, consistent savings can help improve your loan terms.
The Isiko Store is an online marketplace offering products and services to make your event a success. During the initial launch phase, the store will operate in catalogue mode, where you can:
- Browse a curated vendor catalogue and save items to your wishlist. Purchases will be disabled during this phase.
- Once Phase 1 ends, you can use saved funds, credit, or approved EFT methods to make purchases, without additional fees, and receive exclusive discounts for Isiko users.
The Isiko Lifestyle Offering prioritises security through:
Deposit Insurance: Your savings are insured up to R100,000 in compliance with the regulation issued through the Corporation for Deposit Insurance. (CODI).
Fraud Protection: We monitor for suspicious activity and offer a 24/7 hotline for reporting fraud.
You can reach out to us through multiple channels:
Branch Visits: Visit your nearest African Bank Branch during business hours.
Customer Hotline: Call our support team at 0860 494 940.
Terms & Conditions: View the full Terms & Conditions on the Isiko platform.
In-app Chat: Chat with customer support directly through our App (available three months after launch).
Currently, group savings are not supported, but this feature is coming soon. In the meantime, you can use our Stokvel offering to make saving with family and friends easier.
Ensure your login credentials are correct and that your App is updated to the latest version. If the problem persists, please contact our support team by calling us on 0860 494 940, chatting to us on our chatbot Karabo or emailing us on [email protected].
To reset your password, go to the "Forgot Password" section on the login page and follow the instructions provided.