Absa’s payment relief plan gives instant, short-term relief to qualifying Absa customers who are struggling to pay monthly instalments on Absa credit products a result of the COVID-19 pandemic.

APPLICABILITY PERIOD

Can defer payments for a period of 3 months

QUALIFICATION CRITERIA

Individuals

  • Customers in good standing (with up-to-date accounts),
  • Financial relief will be offered for the following credit products
    • Home Loans
    • Personal Loans
    • Credit Cards
    • Student Loans
    • Vehicle Loans

Business

  • Corporate and Business Customers in good standing (with up-to-date accounts),
  • Who have been financially impacted by the pandemic
  • Support to businesses is not limited to specific products. Absa will consider bespoke solutions for businesses, based on their unique requirements and operations.

HOW DO I REGISTER / APPLY?

HOW DO I GET SUPPORT

Wealth Clients: Please contact your banker

Business Bank Clients: Email Absa at:  covidlending@absa.africa

SME Clients: Email Absa at:  mybusinessbanker@absa.africa

Private Clients: Email Absa at:  bondrs@absa.africa

FOR ADDITIONAL INFORMATION

Other Interesting Articles

Harambee in the News

Accenture Development Partnerships collaborates with Harambee to build a tool to measure the ‘S’ in ESG

22 Feb 2024


Read More >

 

Harambee in the News

Sharmi Surianarain discusses the “Right to Work or not to Work” on “Beyond a Declaration – What Rights Can Do” with Rosa Luxemburg Stiftung

29 Jan 2024

In Article 13 of the Universal Declaration of Human Rights (UDHR), the right to work is clearly declared. It encompasses free choice of employment, just and favorable conditions, and protection against unemployment. But do these rights truly manifest in people’s lives? If not, how can we bridge the gap between declaration and reality?


Read More >

 

Cape Town's Tourism Boost: Youth Employment Surges at V&A Waterfront

Harambee in the News

Cape Town’s Tourism Boost: Youth Employment Surges at V&A Waterfront

07 Dec 2023

In a recent article, Busisiwe Mavuso, CEO of Business Leadership SA, highlights the critical issue of youth unemployment in South Africa and emphasizes the need for collaboration between business and government to address this pressing challenge. Mavuso points out that while businesses face various economic challenges, youth unemployment poses the most significant risk to social stability.


Read More >