Key benefits

Finance your studies or that of your children while preserving your savings

No early repayment fees on loan settlements

Choose between a secured or unsecured education loan

Unsecured loan from Rs100,000 to Rs15,000,000 with repayment period up to 10 years*

Loan amount qualification will vary according to your income and other debts that you might already have

Requirements

Proof of ID i.e. national identity card, valid passport

Latest payslip (in case you receive variable income, e.g. monthly commissions, then we shall need your 12 months’ payslips)

Utility bill (no older than three months) that is in your name

Birth or marriage certificate (where applicable)

Last 3 months' bank statement, where your salary is being credited

If you have been with your current employer 6 months or less, letter confirming permanent employment.

Contract of employment if you are working under contract

Document issued by the education service provider as evidence of the estimated costs of studies

Need more help?

Call our 24/7 Service Centre: 
+230 402 1000

Email us:
customer.contact@absa.africa