Call Centre: 0860 103 582
How can I apply for a Nedbank Personal Loan?
1. Check if you meet the qualifying criteria for each of the loan products.
Please note that a banker will discuss any additional requirements with you, as every loan is assessed according to your individual situation and credit history.
2. Ensure you have the relevant documents.
(FICA purposes such as a utility bill or statement of account that has your name and physical address on it).
3. Visit a banker to apply
What is included in my monthly instalment?
Cash borrowed, interest, administration fees and insurance.
How do I repay my loan?
Once your loan is approved, we will deposit your cash into the same bank account as your salary. Your loan repayments will be paid to us automatically every month. It’s that simple.
Do I get insurance on my loan?
Yes, when you take out a personal loan, it is compulsory to have loan protection cover for death, disability and retrenchment. Nedbank Personal Loan Protection Insurance has been specially developed to help pay off your outstanding debt should you be unable to make your loan repayments in the event of your death, disablement or death. Or you can take out an insurance policy of your choice provided it has all the necessary benefits. Ask about our loan insurance when you apply for your loan.
How do I claim for credit life insurance?
You will need the following documents in order to make a claim:
Where can I apply?
We have many branches around the country, please call 0860 103 582 for your nearest branch.
TIP: Speed up the process by ensuring that you have all the relevant documentation required.
Why is it safer to borrow from a bank?
Because banks are fully regulated by the government, you can be assured of being treated fairly and honestly.
Will I qualify for a Nedbank Personal Loan?
At Nedbank we believe that everyone is unique and our loans are tailored for you, the individual. Please visit your nearest Nedbank branch and speak to a banker who will help you with your loan and qualification requirements.
Approval of your loan application is subject to bank’s credit policy and standard terms and conditions for loan agreements.
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