ABSA Revolving Loan – ABSA Bank provides the ABSA Revolving Loan facility to ABSA account holders. A revolving loan is an on going loan in which you can continue re-borrow on an agreed limit. The Absa Revolving loan is available provided a minimum of 15% of the initial loan amount has been paid back.
Why choose an ABSA Revolving Loan
- The good thing about the ABSA Revolving loan is that when you re-borrow, your monthly repayments will remain the same.
- You do not need to re-apply for the loan each time you need to re-borrow. The funds will be made available as and when you need them without going through long application processes
- To be an existing ABSA customer
- To earn at least R8000 each month
- To be a South African citizen with a valid ID
- To be 18 years or older
ABSA Revolving Loan Contact Details: 0860 100 372