FUND DETAILS
Name of the fund
Absa Siyasizana Relief Plan Programme
Fund administered by
ABSA
Type of relief/support
A payment relief plan to help customers who are financially impacted by COVID-19
Total size of the fund
Not stipulated
Who does the fund target?
Individuals and businesses
Sector target
All sectors
Minimum amount you can apply for
Not stipulated
Maximum amount you can apply for
Not stipulated
Corporate and business customers will receive tailored solutions specific to their individual circumstances. These solutions will apply to credit products including:
- Credit cards
- Overdraft
- Vehicle finance
- Home loans
- Personal loans
FUNDING CRITERIA FOR ABSA – SIYASIZANA RELIEF PLAN PROGRAMME:
- Your business will need to have one or more Absa credit products.
- Your business needs to show that it's struggling to meet payments due to COVID -19.
- If your application is successful you will receive a new repayment schedule or loan term.
- Businesses may also receive specific assistance dependant on their circumstances.
HOW TO APPLY FOR ABSA - SIYASIZANA RELIEF PLAN PROGRAMME:
Complete the application online form found at https://ib.absa.co.za/xphs/ph/siyasizana
ADDITIONAL INFORMATION FOR ABSA - SIYASIZANA RELIEF PLAN PROGRAMME:
- Business Banking Clients | covidlending@absa.africa
- SME Clients | mybusinessbanker@absa.africa
Related Links: