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Beat rising electricity costs with Solar and Energy Finance

Qualify for a discounted interest rate on your Absa Home Loans Solar and Energy Finance, plus reduce your electricity bill.

Save BIG on the solar solution you need!

Discount

Get a concession of up to -0.50%* on your variable interest rate and a loan of up to R300 000.

More savings

Structure your loan on a Multiplan account and pay off your loan over a shorter term while saving more on interest charges.

Peace of mind

Keep your essential appliances running during power outages and reduce your carbon footprint.

Build your future investment

A solar solution not only reduces your electricity costs, but it can also assist with the market appeal of your home.

What you get
Access funds from your home loan with a Further Advance or Re-Advance

Structure your loan on a Multiplan (secondary) account over a shorter term:

Multi-plan allows you to structure the home loan into multiple accounts: a primary account linked to a secondary account to suit your needs and is unique to Absa.

You have the option between taking up a loan of up to R300 000 over 5 or 7 years.
Absa Solar and Energy Finance Loan
Qualify for a 0.20% Absa Solar Loan concession on your variable interest rate for a solar solution, you must:

Structure your Absa Solar and Energy Finance Loan on a Multiplan account over a term of up to 7 years

Loan amount should not exceed R300 000 through either a Further Advance or a Re-Advance

Terms and conditions apply
Bounce Back Energy Loan
To qualify for a 0.50% Bounce Back Energy Loan concession on your variable interest rate for a solar solution, you must:

Structure your Bounce Back Energy Loan on a Multiplan account over a loan term of up to 5 years

Loan amount should not exceed R300 000 through either a Further Advance or a Re-Advance

The Bounce Back energy loan Scheme is valid until 31 March 2025.

Terms and conditions apply
Who qualifies?
Existing Absa Home Loan customers who have been granted a Further Advance or Re-Advance under a secondary account.