Nedbank offers tailor-made personal loans with flexible options to suit your pocket and your lifestyle. These loans can be used to enhance your family life, pay for your education or medical costs.
Offered from R1000 to R200 000, Nedbank Personal Loans are offered with a customised interest rate. With a flexible repayment period of 12 to 60 months, the Nedbank Personal Loan is easily accessible through a straightforward application process.
Once you have been approved for the loan, you can expect the cash to be deposited directly into your account.
What are the qualifying criteria?
- Be permanently employed
- Provide a valid South African ID
- Provide your latest payslip
- Provide your latest bank statements
- Provide proof of residence
By using the handy Nedbank Personal Loan Calculator you will be able to get an indication of what you could pay each month.
With personal loan calculators you are able to determine what you need, how long you have to pay it off and how much you will be expected to repay in total.
To calculate how much your loan will cost, you will usually be required to enter the amount you would like to borrow. Then you will need to enter the number of months you will be repaying the loan over. The calculator will work out how much you will be required to repay, taking into account a certain interest rate.
The Nedbank Personal Loan Calculator is simple to access and use. You can use the calculator to give you a clear indication of what you can afford.
You can use this information to find ways to improve your credit rating. The calculation will also help you avoid applying for the loan without all the right knowledge of all the costs that factor into the loan agreement.