Kredio
NCRCP24149 Lends R3 000
- Up to
- R8 000
- Term
- Check on lender’s site
- Interest
- Check on lender’s site
Subject to affordability assessment and approval by the lender.
African Bank loan calculator
African Bank is a bank with NCR registration NCRCP7638.
Registration number found in the NCR register; legal entity on the website not yet matched.
LoanRadar is not affiliated with this bank. Product terms are set by the bank.
African Bank
NCRCP7638
- Up to
- Check on lender’s site
- Term
- 7–72 months
- Interest
- Check on lender’s site
| Legal entity | African Bank Ltd |
|---|---|
| NCR registration | NCRCP7638 |
| Loan amount | from R2 000 |
| Term | 7–72 months |
| Age | Check on lender’s site |
| Cost of credit | Page meta description: 'lowest interest rate of 15%' (per annum); the same page promotes a separate 12% Loan for loans up to R50 000 (not used). Individual rate; credit life insurance offered; calculator JS adds initiation fee and R60+VAT monthly service fee.Source: African Bank website, checked 29 October 2026 |
| Requirements | Check on lender’s site |
| Official website | africanbank.co.za |
| Data reviewed | 29 October 2026 |
Monthly repayment
R2 031
Total interest
R20 619
Total to repay
R73 103
Repayment schedule
| Month | Capital | Interest | Balance |
|---|---|---|---|
| 1 | R962 | R1 000 | R49 038 |
| 2 | R981 | R981 | R48 057 |
| 3 | R1 000 | R961 | R47 057 |
| 4 | R1 021 | R941 | R46 036 |
| 5 | R1 041 | R921 | R44 996 |
| 6 | R1 062 | R900 | R43 934 |
This is an estimate. The lender’s pre-agreement quote states the exact interest, initiation fee and service fee.
A detailed guide for this page is being prepared by the LoanRadar editorial team.
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NCRCP22496
- Up to
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- Interest
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Subject to affordability assessment and approval by the lender.