Nedbank Loans

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

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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.

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