Nedbank Personal Loans Review

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Product Review

Nedbank want to make opportunities happen for you through their personal loan service.
With Nedbank you are able to get a variety of loans. You will be able to view your options for a home loan, a car loan, student loans and personal
loans. They offer a complete range of financing options that will ensure you get what you need and at the best rates.
Nedbank also feature a loan and toll calculators so that you are able to find out what your interest rate will be and the fees associated with the loan
that you are looking at.


Application process

If you want to apply for a personal loan from Nedbank then you can do so either online, over the phone or visit your nearest Nedbank branch.
Nedbank will then check if you qualify and if you do then they will pay cash directly into your bank account.

You are able to get cash of R1000 to R120 000 which is then deposited straight into your account. Also Nedbank offer flexible payment periods of
12, 24, 26, 48 or 60 months.

The Nedbank personal loan will cater to you needs and your budget.

Nedbank features and benefits:

  • Nedbank will create a loan to suit your income and your individual needs
  • There is a straightforward application process
  •  Flexible repayment periods
  • Cash deposited into your account

Customer Rating

3.8 (76.92%) 13 votes
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Additional info

Psychical Address: 135 Rivonia Rd, Sandton, Johannesburg, Gauteng


Interest Rate/APR

min: 9.75% – max: 33.2%

Implications of Non-Payment

Must be confirmed by a Nedbank branch

Financial Implications

Cash borrowed, interest, administration fees and insurance.

Potential Impact to Users’ Credit Score


Unless stated otherwise there are no renewals for the loan service

Collection Practices

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.