Get the extra cash that you need to reach a goal or to cover an unexpected expense. Choose between an unsecured personal loan, scheme loan or overdraft and benefit from competitive fixed interest rates plus get access to expert financial advice to help you manage your financial health. We offer hassle-free application processes and quick approval times.
Absa Direct Personal Loan
Borrow up to GHS1,000,000
Flexible repayment of 6-96 months
It is an unsecured loan; no collateral or security is required
Affordable loan insurance to cover you in case of death, disability or retrenchment (up to 6 months)
Convenient repayment through your salary account with Absa
Tranche disbursement for construction mortgage
Property insurance and credit life insurance covering death, permanent disability and retrenchment
Requirements
You must be an Absa account holder
Account must have at least one month's salary credit
You must have worked with your employer for at least 6 months
You must be a permanent staff or on a fixed-term contract
Overdraft
Access to extra funds when you need it through a credit limit marked on your salaried account
Limits between GHS500-GHS20,000 available
Revolving credit facility with minimum repayment period of 12 months (credit repaid monthly)
After a year, the limit is refreshed and becomes available for re-use
Cover cheques that would otherwise bounce
Affordable loan insurance to cover you in case of death, disability or retrenchment (up to 6 months)
Requirements
You must be at least 18 years old to apply
You must be a salaried employee
Account must have at least one month's salary credit
You must be an Absa account holder for minimum 6 months
Scheme loan
Borrow up to GHS500,000
Flexible repayment of 6-96 months
It is an unsecured loan; no collateral or security is required
Affordable loan insurance to cover you in case of death, disability or retrenchment (up to 6 months)
Repayment through payroll while you keep your salary with your primary bank
Requirements
Available to Absa and non-Absa account holders
You must have worked with your employer for least 6 months
You must be a permanent staff member or on a fixed-term contract
You must be a salaried employee
Your employer must have signed an agreement with Absa Bank
Need more help?
Call us on:
+233 (30) 242 9150 (network charges apply)
0800 222 333 (MTN and Vodafone customers)
Email us:
customerexperience.gh@absa.africa
