• Subscribe
  • Advertise
  • About Us
  • Contact
Tuesday, June 3, 2025
No Result
View All Result
Student Living South Africa
Advertisement
  • Home
  • News
    • Community
    • Ground Up
    • Crime
    • Provincial
    • National
  • Lifestyle
    • Entertainment
  • Sports
    • Schools Sports
    • Club Sports
  • People
  • About Us
    • Editorial Policy
No Result
View All Result
  • Home
  • News
    • Community
    • Ground Up
    • Crime
    • Provincial
    • National
  • Lifestyle
    • Entertainment
  • Sports
    • Schools Sports
    • Club Sports
  • People
  • About Us
    • Editorial Policy
No Result
View All Result
Student Living South Africa
Home Accommodation

ABSA responds with Payment Relief

Jan Laubscher by Jan Laubscher
June 13, 2024
Reading Time: 2 mins read
1 0
0
ABSA responds with Payment Relief
Share on FacebookShare on X

COVID-19 Payment Relief Plan by ABSA bank

The COVID-19 pandemic has resulted in a worldwide economic downturn and a complete lockdown in South Africa. Businesses and individuals are being impacted financially both locally and globally. ABSA bank has made it their duty to offer as much relief and assistance to their customers, during this unprecedented outbreak.

These are the measures taken by ABSA to assist you during this period.

An extensive payment relief plan has been put into place to minimise the financial impact of the COVID-19 pandemic.

For retail customers, the plan applies to ABSA credit products:

  • Home Loans
  • Personal Loans
  • Credit cards
  • Student Loans
  • Vehicle loans

Customers who qualify will get a 3-month non-payment period to help ease their financial burdens.

Loan instalments, interest and fees will accrue monthly and be capitalised into your loan account, but loan terms and repayments will be adjusted to help you cope during this difficult period.

Corporate and business customers will receive tailored solutions specific to their individual circumstances. These solutions will apply to credit products including:

  • Loans
  • Mortgage-Backed Business Loans
  • Commercial Assert Finance products

Our plan does not carry any extra fees or costs. It is aimed solely at helping our customers who are struggling with cash flows due to the COVID-19 pandemic.

Jan Laubscher

Jan Laubscher

Your WordPress Partner

Related Posts

Gauteng Budget Swells by R886 Million Following National Fiscal Adjustments

Gauteng Budget Swells by R886 Million Following National Fiscal Adjustments

by Staff Reporter
June 3, 2025
0
21

The Gauteng Provincial Government has increased its 2025/2026 budget by R886.6 million, re-tabling the total to R172.3 billion following adjustments...

SASSA Halts Payments for Over 210,000 Grant Beneficiaries Over Income Irregularities

SASSA Halts Payments for Over 210,000 Grant Beneficiaries Over Income Irregularities

by Staff Reporter
June 3, 2025
0
21

By Rodger Mandhlazi More than 210,000 social grant recipients will not receive their June payments after being flagged for potentially...

Degrees and Deliveries: Buhle Sindane Balances Graduation and Business

Degrees and Deliveries: Buhle Sindane Balances Graduation and Business

by Staff Reporter
June 3, 2025
0
21

By Zanele Makola While most graduates take time to celebrate, Buhle Sindane (26) went straight from the graduation stage to...

OLORATO MONGALE’S MURDER SERVES AS A STARK REMINDER OF THE DANGERS WOMEN FACE DAILY IN SOUTH AFRICA.

OLORATO MONGALE’S MURDER SERVES AS A STARK REMINDER OF THE DANGERS WOMEN FACE DAILY IN SOUTH AFRICA.

by Staff Reporter
June 3, 2025
0
20

By Zanele Makola The brutal killing of 30-year-old Olorato Mongale has once again laid bare the grave danger South African...

gray and blue Open signage

R500 MILLION SPAZA SHOP SUPPORT FUND TARGETS TOWNSHIP AND RURAL ENTREPRENEURS

by Staff Reporter
June 2, 2025
0
33

By Nkosinathi Mandhlazi The Department of Small Business Development has launched a R500 million Spaza Shop Support Fund aimed at...

R11 MILLION BOOST FOR SMMEs IN MPUMALANGA

R11 MILLION BOOST FOR SMMEs IN MPUMALANGA

by Staff Reporter
June 2, 2025
0
31

By Rodger Mandhlazi The Mpumalanga Department of Economic Development and Tourism has injected R11 million into struggling Small, Medium, and...

Recent Posts

  • Gauteng Budget Swells by R886 Million Following National Fiscal Adjustments
  • SASSA Halts Payments for Over 210,000 Grant Beneficiaries Over Income Irregularities
  • Degrees and Deliveries: Buhle Sindane Balances Graduation and Business
  • OLORATO MONGALE’S MURDER SERVES AS A STARK REMINDER OF THE DANGERS WOMEN FACE DAILY IN SOUTH AFRICA.
  • R500 MILLION SPAZA SHOP SUPPORT FUND TARGETS TOWNSHIP AND RURAL ENTREPRENEURS

Recent Comments

No comments to show.

About Us

Student Living South Africa

Student Living South Africa is a digital news platform by MeD8 Media, empowering tertiary students with reliable news and insights. It provides journalism students hands-on experience while fostering credibility. A member of the Press Council and AIP, it connects students nationwide, ensuring relevant, trusted information for their academic and personal growth.

Member of

Subscribed to

Developed by

Subcribed to

Newsletter

Student Living South Africa

Subscribe to our newsletter for credible news, exciting competitions, and event updates tailored for tertiary students. Don’t miss out—stay connected and informed!

  • About
  • Advertise
  • Subscribe
  • Contact
  • Terms & Conditions
  • Editorial Policy
  • Cookie Policy (ZA)
  • Editorial Policy
  • Lifestyle

© 2024 Publsihed by - MeD8 Media.

No Result
View All Result
  • Politics
  • Municpality
  • Local Business
  • Provincial
  • National
  • Entertainment
  • Events
  • Schools
  • Announcements
  • Sports
  • Community
  • Letter
  • Crime
  • People
  • Local Heros
  • Food

© 2024 Publsihed by - MeD8 Media.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Manage Cookie Consent
We use technologies like cookies to store and/or access device information.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
View preferences
{title} {title} {title}