Nedbank provides a wide range of financial services to help individuals obtain financial freedom. In addition to banking services, Nedbank provides investment opportunities and lending facilities. If you are in need of additional funds to renovate your home or to pay for study fees, Nedbank’s Personal Loans may be the ideal solution for you.
Clients can get as much as R120 000 and upon approval, loans are deposited directly into their accounts within a matter of hours.
Repayment periods are flexible- 24, 36, 48 or even 60 months. Individuals don’t have to be Nedbank clients to apply for this loan. The application process has been simplified into 3 easy steps:
- Apply on the Nedbank website or head to your nearest Nedbank branch.
- Wait for a credit check to be done.
- Upon approval, the money will be paid into your account within hours.
What is needed for application?
Individuals need to be permanently employed (for at least longer than 3 months.) Proof of a current payslip will be required along with current proof of residence, such as a telephone bill or electricity bill. Individuals will need to provide 3 months’ bank statements showing all bank transactions. They will also need to present a valid South African I.D.
Nedbank encourages responsible lending. For this reason, individuals need to earn a minimum income of R1200 per month and should be able to afford the repayments. A credit check is done by Nedbank, to ensure that applicants are in good credit standing. To augment this process prior to application, individuals can use the personal loan payment calculator to gain an idea of how much they will need to repay to Nedbank.
Call Nedbank on: 0860 103 582.