Rating based on 12 reviews

Nedbank Loans

  • Quick loans up to R200,000
  • Low-interest starting from 12.50%
  • Repayment up to 60 months

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Nedbank homepage
Author Nedbank. Screenshot of Nedbank website.
[Accessed January 23, 2023]

About Nedbank

With more than 31 000 employees nationwide Nedbank is not only one of South Africa's fastest-growing banking groups but, one of the most loved by the people of South Africa.

They offer a full scope of banking and lending services - designed with you in mind.

Diversity in all that they do

At Nedbank, they believe in diversity and have a team of skilled and professional staff that are as diverse as their customers. They have a rich history dating back to the 18th century and are proud to have been able to plant such strong roots and keep growing through the years.

Nedbank Services

At Nedbank, they believe that banking and lending should be generated around the needs of the customer and not around the needs of the company.

They offer a range of services that range from regular banking and checking accounts and home loans to wealth management and quick loans.

Get a loan from them

They offer personal loans that range from R1 000.00 to R200 000 and a repayment period that stretches from 1 year to 60 months. Whether you're looking to furnish your new home, renovate it or take a holiday with your family you can now pay for the things that matter.

Nedbank – Quick loan

  • Loan Type Quick loans
  • Interest Rate from 12.50%
  • Loan Amount up to R200,000
  • Repayment 160 days to 60 months
  • Decision 28 hours

Benefits of Nedbank

  • Payment relief options
  • Various loan options to choose from
  • Quick loans up to R200 000
  • Repayment terms ranging up to 60 months

Quick loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This quick loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

Instant loan approval means instant cash! And they are there to provide you with exactly that

While most large banks in South Africa are quick to turn new customers down when they need a loan they embrace both new and existing customers equally.

Their requirements

In order to get a fast loan from Nedbank you will need to open up an account with them. You can easily and quickly do this at any one of their many branches across the country. You also need to be employed with an income of R2 000 or more entering your bank account on a monthly basis.

Apply online for a loan

If you're an existing customer you can apply for a loan online with Nedbank by simply logging in to your online banking account. New customers should be able to provide their ID books, proof of address, 3 months' bank statements and their recent pay slips.

The application process is straightforward and simple to get through, making it easy to complete without hassle. You can stop at any time and return later if you wish. Your application will be saved and you'll be able to continue where you left off. Once you are approved, the money will be deposited into your bank account for you to access.

Make your repayments automatically

They're all about making their customers’ lives simpler, which is why they'll debit your repayments on the specified due date, saving you the extra work of doing it yourself.  All you have to do is make sure that your account has a sufficient balance and they'll handle the rest so that you don't have to worry about it.

Customised rates

Nedbank is a bank that sees its customers as individuals and therefore they cater to your individual needs. As a result, they will customise your interest rate according to your situation and in this way, they ensure fairness by offering every customer the best possible rate for their circumstances.

man holding thumbs up

Nedbank is a trusted & reliable provider of quick loans

In our review, Nedbank adheres to the compliance criteria in accordance with the National Credit Act, where the granting the loan will not cause financial distress to the consumer.

✅ Nedbank is a registered credit provider in South Africa: NCRCP16

Customer Reviews & Testimonials

October 2018

My loan was affordable and applying was so simple. Thank you, Nedbank!

Carren Y
— Nelspruit —

January 2019

I trust Nedbank because they always deliver excellent, professional service.

Mike S
— Polokwane —

February 2019

The Nedbank staff is amazing! It's always a pleasure talking to people who care and who work hard to give their customers what they need.

Jailoshini G
— Johannesburg —

March 2019

The easy application made the entire process a whole less complicated.

Meghan N
— Parys —

April 2019

Whenever I call the customer centre the people there always assist me with such a high level of professionalism and respect. I give the customer service no less than 5 gold stars!

Bianca P
— Durban —

Nedbank Contact

Physical Address

  • Longmarket St, St Georges Mall Cape Town Western Cape 8001 South Africa
  • Get Directions

Opening Hours

  • Monday 08:30 – 16:00
  • Tuesday 09:00 – 16:00
  • Wednesday 09:00 – 16:00
  • Thursday 09:00 – 16:00
  • Friday 08:30 – 16:00
  • Saturday 08:30 – 12:00
  • Sunday – Closed