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Welcome to our new digital experience. For more services please go to nedbank.co.za
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Why choose Nedbank for a personal loan?
Honest guidance on what to know before you apply
We’ll only make you an offer you can afford to repay
Competitive interest rate based on your risk profile
No hidden fees, just clear pricing and payment plans
Use our loan calculators to see what works for you
- Repayments calculator
- Loan consolidation calculator
See if you can afford the loan you want, with details on fees and insurance, and what you’ll pay in interest over the full loan term.
How much do you want to borrow?
R
What’s your preferred repayment term?
- 6
- 12
- 24
- 36
- 48
- 60
- 72
Include insurance in your repayment
How much you’ll pay back each month
R0.00
How much you’ll pay back in total
R0.00
Example interest rate
On average, South Africans pay interest of 18% to 24.75%. We’ll offer you an interest rate based on your payment history and risk profile.
Combine your loans into 1 and pay less each month with a fixed interest rate and 1 monthly repayment. You can even apply for extra cash if you need it.
Loan 1 details
What type of loan is it?
Amount you still owe
R
Loan 2 details
Remove
What type of loan is it?
Amount you still owe
R
Loan 3 details
Remove
What type of loan is it?
Amount you still owe
R
Add another loan
Add another loan
Remove
This is another personal loan that will be added
How much do you need?
R
Get extra cash
What’s your preferred repayment term?
- 6
- 12
- 24
- 36
- 48
- 60
- 72
Include insurance in your repayment
Total amount
How much you’ll pay back each month
R0.00
How much you’ll be saving
A single, easy to manage instalment will mean you spend less each month on fees.
Example interest rate
On average, South Africans pay interest of 18% to 24.75%. We’ll offer you an interest rate based on your payment history and risk profile.
Our calculation is only an example of how the interest rate and fees can affect your repayments. Although we do our best to give you accurate calculations, they will not be binding on us. To confirm the latest interest rate or fees, please visit your nearest branch.
How our loan
process works
Step 1
Step 2
Step 3
Step 1
Start your application
Select ‘Start loan application’ to see what you’ll need. Fill out the form. We’ll run the credit checks and get back to you.
Step 2
Consider your offer
We’ll make you an offer based on what we know you can afford. You can either accept it or ask for changes to the offer.
Step 3
Finalise your loan
Send us your documents. If everything’s in order, we’ll pay the money directly into your bank account.
Ready to apply?
Start loan applicationGet a loan for a secondhand car or to improve your home
How much could a personal loan cost?
This is a representative example of what you can expect to pay.
Loan amount
R50,000 borrowed over 60 months
Monthly instalment amount
R1,528.38
Monthly service fee
R69
Total amount payable
R103,524
Annual maximum interest rate
24.75%
Maximum annual percentage rate
29.34%
Initiation fee
R1,207.50
Physical address 135 Rivonia Road, Sandown, Sandton, 2196, South Africa
See pricing guide for 2022