Tag Archives: temporally loan

ABSA temporally loan

Get a temporally loan from absa which is also known as an Overdraft, if you want extra money available in your account should you need it? An Overdraft on your current account could be the answer.

It can be easy to lose track of how much money is in your account when you’re busy and pay day can sometimes seem a long way away. An Overdraft from Absa provides you with a safety net of additional money, up to a pre-agreed limit, to cover everyday expenses when there’s nothing left in your account.

Absa offers three different overdraft options:

Standard – granted for a period of 12 months and reviewed annually
Reducing – the limit on the overdraft facility is reduced on a monthly basis, until the full amount is settled
Temporary – granted for a fixed period of time only and must be settled in full at the end of that period.