Frequently asked questions for Nedbank Company Schemes
What happens if I leave the company?
The benefits you qualify for are only applicably if you are an employee of the company. If you leave the employment of the company you no longer qualify for the benefits, however you still have the option to negotiate rates/fees with the bank.
Will the company deduct payments directly from my salary?
No. All facility applications are assessed on a individual basis and therefore deductions are made from your banking account, HOWEVER if you participate in a collateral scheme, deductions can be made directly from your salary.
Do I need to be a Nedbank client to qualify for the benefits offered by the scheme?
No. The benefits are available to all employees of the company.
If I have an existing Nedbank account do I benefit?
Benefits on the scheme are immediately available on Cheque accounts and Homelons. They will however only apply to new Hire Purchase agreements.
What Rates would I qualify for?
To view/enquire about the rate concessions you would qualify for, on home loans, cheque accounts and vehicle finance, please contact 08600 SCHEMES or visit our website at ……..
Do I need to visit a Nedbank branch to apply for facilities?
No. If you are interested in making use of a Nedbank product please dial 0860 SCHEME, and a consultant will be requested to contact and assist you with your application. If you however choose to make use of the branch network, a personal banker will be able to assist you with the process.
Nedbank Ltd Reg No 1951/000009/06. We subscribe to the Code of Banking Practice of The Banking Association South Africa and, for unresolved disputes, support resolution through the Ombudsman for Banking Services. We are an authorised financial services provider. We are a registered credit provider in terms of the National Credit Act (NCR Reg No NCRCP16).
