The 12% Loan

With a low interest rate fixed at 12% you will always have the peace of mind of knowing that your repayments will stay the same, with a fixed interest rate and fixed monthly repayments. Start your application journey by finding out how much you can possibly qualify for

Get the app now

Take your banking experience to the next level with our mobile app.

How The 12% Loan Application Works.

Sometimes you want the loan without the endless phone calls and interviews. We can help.

You can apply now for an online loan of up to R50,000 in just 3 minutes!

Simply fill in your contact details and financial information.

For security reasons, you will need to enter an OTP (called a One Time PIN), and we will display an indicative quote to you in seconds if you qualify. Thereafter follow the easy steps to complete your online application.

12% Loan FAQ

With a low interest rate fixed at 12% you will always have the peace of mind of knowing that your repayments will stay the same, with a fixed interest rate and fixed monthly repayments. Start your application journey by finding out how much you can possibly qualify for.

Find your ideal loan solution with Africanbank.

Africanbank offers a variety of loan products to fit your unique financial needs.

Personal Loan:

Offers amounts from R2 000 to R350 000 with flexible repayment terms of 7 to 72 months.

Consolidation Loan:

For those seeking to streamline their finances into one manageable instalment.

Tech Deals:

Explore our deals and add a cellphone, tablet or laptop to any loan.

12% loan