Nedbank is one of South Africa's leading financial institutions. The financial institution has continuously maintained clientele through innovative and savvy solutions. Its selection of loans are made to meet clients' various and unique financial needs. With Nedbank, clients can expect to be provided with Personal, Consolidation, Student and residential Loans at the most competitive rates combined with flexible repayment terms.
Secured Unsecured loans:
Clients can be found Nedbank Mortgage loans along with the Nedbank Building Loan for getting homes or land or renovations under this product.
Unsecured Unsecured loans:
Clients are offered loans of between R2000 and R120000 with no need to provide collateral. Repayment is anticipated within 5 years.
Consolidation Loans:
If you're can not repay multiple debts at the end of each month, this solution may be ideal for you. Nedbank pays your various creditors and you're simply expected to pay one amount towards the Nedbank Loan consolidation.
As with every other lender, Nedbank depends on your honesty to select whether you qualify for a loan or not; so they'll need accurate information from your side. There are some prerequisites you have to satisfy before you can be looked at for just about any Nedbank Loan, for example:
Being 18 years or older, with a valid South African I.D.
You will need to be useful for at least A few months at your current employer. Nedbank will also require proof of residence and a payslip indicating that you earn a minimum of R1500 monthly.
You'll should also provide 3 months' bank statements and proof you have an energetic bank account.