Government Employee Loan

Benefits of this loan

• Competitive interest rates of 15% on a reducing balance
• Government employees have access to bigger loans within a short turnaround time of 24 hours (the best in the market)
• Affordable monthly repayments which can be extended to a tenor of 84 months
• Government employees have access to apply for loan top up after every 9 months and get the unutilised credit life insurance premium refunded
• No collateral or security needed to apply for the loan
• Fully automated loan takeovers leaving all the hassle to us

Requirements for this loan

• Must be a confirmed government employee
• Must be of age between 18 and 59 years
• Your office must have signed an agreement with Absa Bank to offer loans to its employees