African Bank
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African Bank Interest Rates

African Bank Overview

African Bank Limited (ABL) is a domestic bank in South Africa that was incorporated in the country in 1975. It considers itself a specialist provider of personal unsecured credit, which also provides loans, insurance and savings and investments products to its customers. It is a wholly owned subsidi... read more

African Bank Discussion

  • Q: I would like to invest R100.000 to for a period of 5 years how much will be my interests?

    Reply Nthabiseng from South Africa

African Bank Discussion Activity

  • African Bank 6 Month Term Deposit - Deposits
    Q: If I invest R400 000 over the 3 months or 6 month fixed them is the interest 7.97% in 6 months? Furthermore am I allowed to reinvest it after the 6 months period?

    Reply Thivhu from South Africa
  • African Bank 1 Year Term Deposit - Deposits
    Q: I am interested in investing 200k in a1 year fixed term deposit - do you give better rates for >60 year old investors?

    Reply Andre from Cape Town, South Africa
  • African Bank 6 Month Term Deposit - Deposits
    Q: How much would I earn if i invest R100 000

    Reply Mdez from Pretoria, South Africa
  • African Bank 5 Year Term Deposit - Deposits
    Q: Good day, Wish to establish if the 13.73 % rate on a 5 -year fixed deposit is still applicable at present? If i were to deposit R500,000 rand what would be te approximate returns after 5 years? What is the minimum amount required to deposit to earn this rate? Kind regards, Luc

    Reply Luc from Germiston, South Africa
  • African Bank 6 Month Term Deposit - Deposits
    Q: Hi I would like to save about R1500 or more monthly for a year and I would like to know how much would I get out with interest after a year

    Reply Saeeda from Cape Town, South Africa
  • Deposits
    Q: Trying to do a deposit R730000 for one year no success

    Reply Louis from Johannesburg, South Africa
  • African Bank 2 Year Term Deposit - Deposits
    Q: on a term deposit is interest paid out monthly or on expiry

    Reply naresh from Johannesburg, South Africa
  • African Bank 2 Year Term Deposit - Deposits
    Q: I want to invest R50 000 for three years. I want a monthly payout. Do I get a 10.05% intrest rate each month meaning I receive R5 250 each month?

    Reply Cindy from South Africa
    • R: That is the annual interest rate.You will get R418 per month interest

      Reply Deon
  • African Bank 1 Year Term Deposit - Deposits
    Q: If I invest R40 000 for one year what will be my interest

    Reply Precious from South Africa
  • Deposits
    Q: Can the interest on a 2 year term deposit be paid out monthly and does the 10.05% rate still apply?

    Reply ADRIAAN KRUGER from South Africa

African Bank Reviews

  • Not a customer but trying to register and get details of a fixed deposit which I want to do for year for R730000. I got no response after requesting someone to call me. Not a bank i would now have confidence with.

    Louis from Johannesburg , Gauteng , South Africa

African Bank Reviews


  • It's because of African Bank's competitive interest rates.

    Jacky from South Africa
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