Reasons to Get a Nedbank Personal Loan

Reasons to Get a Nedbank Personal Loan

Rising fuel prices coupled with rocketing food prices are putting a considerable amount of pressure on more people’s household budgets nowadays. 

Fluctuations in the economy also have detrimental effects on the citizens of the country. As a result, more people are relying on products such as the Nedbank Personal Loan to get them through financially challenging months.

Why you should get a Nedbank Personal Loan:

If you are looking for extra cash to help you finance a big event in your life, pay for a medical emergency or even for renovations on your home, a Nedbank Personal Loan may be ideal.

You can choose a loan amount from R1000 to a maximum of R200 000.

Repaying the loan will be a simple process. You get to choose a repayment period of between 12 and 60 months. Monthly repayments are debited directly from your bank account.

You get a customised interest rate, to suit your unique individual needs. The loan amount you are granted will also be based on your individual credit profile.

The application process is straightforward and there is minimal paperwork involved.  You won’t have to spend hours waiting in long bank queues to get a chance to speak to a consultant.

Nedbank is a registered credit provider and is fully compliant with the National Credit Act, so you can rest assured that the entire loan process will be transparent and simple.

What are the qualifying criteria?

  • Be permanently employed
  • Earn a minimum salary of R2000 per month
  • Have a salary that is deposited into your bank account
  • Provide a valid South African ID
  • Provide your latest payslip
  • Provide your latest bank statements
  • Provide proof of residence

You can apply online by visiting  For more information about getting a Nedbank Personal Loan, call: 0860 103 582

Categories: Loans