Nedbank Personal Loans – Apply Online Today

Nedbank, one of the leading banks in South Africa offers 2 different types of personal loans namely:

  1. Unsecured personal loan
  2. Secured Personal loan (makes use of pension or provident fund as security)

Unsecured Personal Loans 

  • Nedbank provides unsecured personal loan  from R2,000 up to R120,000.
  • You need the following to qualify for a Nedbank Unsecured personal loan
  • You must be between 18 and 65 years to apply
  • You require a minimum of R1,500 net monthly income
  • Your salary needs to be electronically transferred into your bank account each month
  • Your salary needs to be paid into an account that is debitable
  • You must be able to afford the loan – NCR approved
  • Need a very good credit record
  • You need to be permanently employed for at least 3 months by the same employer

What’s on Offer

  • 12, 24, 36, 48 and 60 months to pay back the loan.
  • R120 000 Maximum loan amount.
  • National Credit Act governs pricing.
  • Insurance- to safeguard you in the event of death, retrenchment or disability
  • You will receive monthly statements to keep you updated on the progress of your loan repayment.
  • The cash will be transferred into your salary account and a Nedbank account is not a requirement.
  • Payment method: Debit order

Requirement

  1. Your most recent payslip for one monh
  2. Your South African green bar-coded ID.
  3. Your latest bank statement that shows at least one month salary deposit
  4. Proof of residence is needed for Financial Intelligence Centre Act (FICA) purposes e.g. Utility Bill (electricity, rates, water account/bill)

 

 

12 thoughts on “Nedbank Personal Loans – Apply Online Today

  1. ilandi

    Want to pay all my debts of and just pay one account and want to loan on a long period payback please it will be much better for mE to just pay one account the amount of the installment must not be more than R1500-00 a month. The amount of the loan I want to take is R85000. Please let me know. Please email me . Kind regards ilandi

    Reply

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