Today, there are many banks offering lending and loan services that has made managing our finances easier. There are plenty of different types of loan options available too. Be it for housing, running a business, buying a car or taking care of some personal expenses – there is no dearth of options.

Some banks offer all types of loans. One such bank is Afriland First Bank that has a number of options that you can easily apply for. The best part is that these loans can be availed from the comfort of your home by applying online.

So read on to get more information on the types of loans Afriland First Bank offers, requirements before you can apply for a loan, and much more.

Types of Loans Offered by Afriland First Bank

With this bank, you can get school loans, religious festival loans, and end-of-year loans. These loans are categorized as seasonal loans.

You can also avail the conventional personal loans, which include overdraft, housing, short term, and middle-term loans. The loans come with different conditions and in most cases, different repayment terms.

Benefits of Afriland First Bank Loans

This bank has different types of benefits that you can enjoy when you get a loan. They include an APR that is not more than 17% and a flexible payment plan. Others are the following.

Easy Application

How else would you term a loan that you can apply for online? With just a click away on your computer and the required documents, it doesn’t get easier to apply for a loan with Afriland First Bank.

Flexible Payment Term

This bank offers you a flexible repayment term. With up to 60 months in repayment time, you can pay off your loans with ease.

Credit Limit

Depending on a number of variables, your credit score being a major one, you can get a loan of up to R.100,000.

Eligibility and How to Apply for a Loan with Afriland First Bank

To apply for a loan with Afriland First Bank, you have to be at least 18 years old and not more than 65 years old at the time of the maturity of the loan. You have to be either employed or self-employed, and be a customer of the bank to get the loan.

You’ll be required to provide proof of your salary by showing last three months’ payslip.

To easily apply for a loan with Afriland First Bank, you can visit the website and click on the loan sections. You then have to select personal loans and fill in a form.

Fees

For most loans today, there is an attached fee. However, that is not the case with Afriland First Bank.

Contact Information

You can get in touch with a representative from the bank through 222 22 17 85. The bank’s head office is at 1063 Place de I’intendance.

Conclusion

The good thing about living in this day and age is that you can do almost everything from the comfort of your home.

Getting a loan from Afriland First Bank isn’t any different. As long as you meet the requirements set by the bank, you can easily begin your application process today.

Disclaimer: There are risks involved when applying for and using credit products. Ensure you consult the bank’s terms and conditions page before agreeing to anything.