We do more so you can
Start the new year with a brand-new home from our ‘Black Friday’ home loan offer. Apply for an Absa Home Loan online today or switch your home loan to Absa and pay zero registration fees. Also enjoy 6 months’ mahala transactional service fees, so you can spend more on decorating your home.
Products
Simply apply for an Absa home loan online or switch your home loan to Absa. We have a wide variety of solutions for your needs.
Get pre-qualified for a home loan and start shopping for your new home.
Use our Home Loan Estimator to find out how much you can afford. We will even give you a certificate to make sure that sellers and agents consider your offer.
We do more so you can. That’s Africanacity.
Frequently Asked Questions
-
1. What are the qualifying criteria which the applicant/s will have to comply with in order to qualify for the Black Friday promotion?
- The home loan application must be submitted through the Home Loans page on absa.co.za or via the Absa Black Friday Banners on the Absa Digital Sales Platform on the 27th November 2020.
- The Absa Home Loan Offer, in respect of that application, must be accepted by the applicant on or before 27th December 2020.
- The Home Loan application must be for one of the following Home Loan offerings with a maximum loan amount approved and paid out of up to R5 000 000 (Five Million Rand):
· Ordinary Home Loans
· My Home
· Young Professionals
· Buy-to-Let
· Loyalty
· Great Escape (Switching)
· Vacant Land.
-
2. What is defined as a ‘complete’ home loan application submission?
-
3. Is there a maximum volume of applications which the bank will accept on Black Friday?
-
4. What is the maximum loan amount for this promotion?
-
5. What are the home loan benefits of this promotion?
-
6. What are the promotion exclusions?
This promotion excludes home loan applications applicable to:
Loan types
- Home Loan linked to Group Schemes offering concession Rewards benefits;
- Eco-Home Loans;
- Building Loans;
- Further Advances (including Re-Advances); and
- Development bonds where the purchase price is inclusive of bond registration costs.
Applicant types
- Companies, Close corporations; Trusts; Clubs; Churches; Stokvels and other Associations/partnerships; and
- Joint bonds of 3 applicants or more
- Absa employees
-
7. Is the Absa Panel Attorney discount convertible or transferrable to any other form?
-
8. Would applications already in the pipeline or submitted after the 27th November 2020 qualify for this promotion?
-
9. Would applications submitted by any other channels other than absa.co.za or Absa’s Digital Sales Platform qualify for this promotion on 27th November 2020?
-
10. Is the Home Loans 100% bond registration offer conditional to a customer having an Absa transactional account ?
-
11. Who qualifies for the 6 months Free Banking Transactional banking offer ?
-
12. Will existing transactional customers qualify for the 6 Months Free Banking offer ?
-
13. How does the customer receive their 6 Months Free Banking offer ?
-
14. Which fees will be discounted on the 6 Month Free Banking ?
-
15. Which transactional fees will be payable by the customer outside of the Service fee discounted ?
Any transactions over and above the below mentioned transactions will be charged to the customer ;
- Unlimited NotifyMe SMS or email notifications
- Unlimited card swipes
- Unlimited cash withdrawals at tills
- Unlimited balance enquiries
- Unlimited electronic account payments
- Unlimited internal and external debit orders
- Gold Value Bundle - Absa ATM cash withdrawal - up to the total value of R4 500
- Gold Value Bundle - Absa ATM cash deposit - up to the total value of R4 500
- Premium Value Bundle - Absa ATM cash withdrawal - up to the total value of R6 500
- Premium Value Bundle - Absa ATM cash deposit - up to the total value of R6 500
-
16. What are the qualifying criteria which the applicant/s will have to comply with in order to qualify for the Cyber Monday promotion?
- The home loan application must be submitted through the Home Loans page on Absa.co.za or via the Absa Cyber Monday Banners on the Absa Digital Sales Platform on the 30th November 2020.
- The Absa Home Loan Offer in respect of that application must be accepted by the applicant on or before 27th December 2020.
- The Home Loan application must be for one of the following Home Loan offerings with a maximum loan amount approved and paid out of up to R5 000 000 (Five Million Rand):
- Ordinary Home Loans
- My Home
- Young Professionals
- Buy-to-Let
- Loyalty
- Great Escape (Switching
- Vacant Land.
-
17. What is defined as a ‘complete’ home loan application submission?
-
18. Is there a maximum volume of applications which the Bank will accept on Cyber Monday?
-
19. What is the maximum Loan Amount for this promotion?
-
20. What are the Home Loan benefits of this promotion?
-
21. What are the promotion exclusions?
This promotion excludes home loan applications applicable to:
Loan types
- Home Loan linked to Group Schemes offering concession Rewards benefits;
- Eco-Home Loans;
- Building Loans;
- Further Advances (including Re-Advances); and
- Development bonds where the purchase price is inclusive of bond registration costs.
Applicant types
- Companies, Close corporations; Trusts; Clubs; Churches; Stokvels and other Associations/partnerships; and
- Joint bonds of 3 applicants or more.
- Absa employees
-
22. Is the Absa Panel Attorney discount convertible or transferrable to any other form?
-
23. Would applications already in the pipeline or submitted after the 30th th November 2020 qualify for this promotion?
-
24. Would applications submitted by any other channels other than Absa.co.za or Absa’s Digital Sales Platform qualify for this promotion on 30th th November 2020?
-
25. Is the Home Loans 100% bond registration offer conditional to a customer having an Absa transactional account ?
-
26. Who qualifies for the 6 Months Free Banking Transactional banking offer ?
-
27. Will existing transactional customer qualify for the 6 Months Free Banking offer ?
-
28. How does the customer receive their 6 Months Free Banking offer ?
-
29. Which fees will be discounted on the 6 Month Free Banking ?
-
30. Which transactional fees will be payable by the customer outside of the Service fee discounted ?
Any transactions over and above the below mentioned transactions will be charged to the customer ;
- Unlimited NotifyMe SMS or email notifications
- Unlimited card swipes
- Unlimited cash withdrawals at tills
- Unlimited balance enquiries
- Unlimited electronic account payments
- Unlimited internal and external debit orders
- Gold Value Bundle - Absa ATM cash withdrawal - up to the total value of R4 500
- Gold Value Bundle - Absa ATM cash deposit - up to the total value of R4 500
- Premium Value Bundle - Absa ATM cash withdrawal - up to the total value of R6 500
- Premium Value Bundle - Absa ATM cash deposit - up to the total value of R6 50