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All clients for ABSA, FNB, CAPITEC or NEDBANK, STANDARD BANK MUST see this immediately!

CORPORATE-MEDIA24 06/29/2020

Year 2020 has been the most difficult and depressing year in terms of finances as COVID19 has also came uninvited is South Africa. Individuals and businesses has felt it so harsh as lockdown system was introduced on March 2020.

Business are embarked on loans, so as individuals have loans, house bonds, vehicle loans etc. Lucky enough, banks in South Africa has introduced a "Credit Relief program" for both individuals and businesses (terms and conditions will apply).


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ABSA bank has launched a comprehensive Credit Relief program to customers, businesses and Corporate. ABSA campus has small, medium sized businesses such as Hairdressers, pharmacies, florists and coffee shops where renting holiday has been granted to these SMEs. Customers have bonds, vehicles loans etc. To apply customers are encouraged to visit the ABSA branch or visit website @:


(ii) First National Bank (FNB)

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First National Bank is one of the bank that took an initiative of being considerate for their customers in this difficult time of COVID19. To those customers who qualify, 6 months payment break in their repayment will be granted through a separate credit agreement.

As at 15 June 2020, 300 000 individual customers have been offered payment breaks worth approximately R5 billion. You may visit website for application @ https://www.fnb.co.za/realhelp/for-my-business/cash-flow-relief.html

(iii)Capitec Bank

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Capitec Bank has also informed customers regarding the credit relief program available during this dark moment of COVID19. Capitec Bank made it so easier for their customers to apply as steps are clearly stipulated below: To apply for credit relief choose one of the following:

1. SMS your 13 digit 1D number to 30679 and follow the prompts

2. Email [email protected] with your loan account number in the subject line

3. Call 0860 66 77 18 one of the agents will assist.

Note: allow 48 hours for response to SMS or Email.

(iv) Standard Bank

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Standard Bank is one of the banks that opted to save their customers in in these tough times resulted by Corona Virus pandemic

This bank has made it very clear that it relief only those customers earning R7 500 permonth. This will include the house bonds, access loan,vehicle assets finance, credit card, revolving and personal loan only.

For application, customers can also visit [email protected].

(V) Nedbank

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Nedbank has developed a new motto " we may be far apart, but we are together in this one" which means the bank is understands that client my be going through rough times due to COVID19 pandemic. Nedbank say they will offer credit relief as per individual financial analysis. They also informed those customers with savings that if they wish to make an early release of their savings, it is very possible through application before end of June 2020. To apply, visit :https://www.nedbank.co.za/content/nedbank/desktop/gt/en/personal/covid-19-debt-relief.html

I hope the above information will help all of you who need help during these hard times. Please comment, like and share to help others.

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Source: opera.com
The views expressed in this article are the writer's, they do not reflect the views of Opera News. Read more>>
Top Comments
BaatsebaKhumalo · 06/30/2020
Why put ppl on credit how will they be able to pay with bcs some had lost their jobs right now
+27-078268**** · 06/30/2020
+27-078268**** · 06/30/2020
WilliamNteta · 06/30/2020
payy breaks

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