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Bank how and when you choose to, with the low fees or extra benefits you want.

Credit cards

Shop online or instore and earn rewards for it, with up to 55 days interest-free credit.

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Enjoy anytime-anywhere banking from your computer, cellphone or tablet.

Switch to Nedbank

See the quick and paperless way to switch your salary or debit orders.

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Protect yourself against the latest schemes and scams.

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Buy foreign banknotes, transfer funds or shop globally with a travel card.

Rewards

Manage your money like a pro and get rewarded. Epic deals, discounts and more.
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Investment services

Access the best in local and international wealth management solutions.

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Personalised interest rates for affordable loans from R2,000 to R300,000.

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Loan up to 100% of the property value or up to 105% if you are a first-time home buyer.

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Unlock your potential with a full- or part-time student loan from Nedbank.

Overdrafts

Add an overdraft to your account for instant access to credit when you need it.

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Planning on buying a car? Easily apply for MFC vehicle finance in 5 steps.

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Secure affordable renewable energy while helping South Africa shift to green energy.
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Life cover

Up to R2 million life cover to take care of your family when you no longer can.

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Choose a plan for yourself, family or build your own cover to suit your needs.

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Get cover for your car, building, house contents, valuables and more.

Credit Life

Cover your bond, credit card, overdraft, loan and car repayments.

Travel insurance

International travel insurance with free 24-hr emergency assistance.

Is your business covered?

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Choose a plan for yourself, family or build your own cover to suit your needs.
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Take the right steps to achieve your financial goals with expert financial planning.

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Plan for everything you own and owe, so your estate is in order when you’re gone.

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Get the private wealth banking experience with customised solutions and rates.

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  • Digital banking
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Need to resume your application?
Need to resume your application? Apply

 

Why choose Nedbank to consolidate your loans?

Manage your loan account easily on our self-service channels

We’ll offer you a competitive interest rate to help you save on repayments

Get extra money to use now when you consolidate your loans

As an added benefit, you can join Greenbacks for great rewards

See how much you could pay on your new loan

Enter the amounts you owe on each of the loans you’d like to combine. You can also get extra cash on your new, consolidated loan.
Loan 1
Borrowed from

Bank

Store

Microlender (smaller cash-loan service provider)

Amount you still owe tooltip text
R
Loan 2
Remove
What type of loan is it?

Bank

Store

Microlender (smaller cash-loan service provider)

Amount you still owe tooltip text
R
Loan 3
Remove
Borrowed from

Bank

Store

Microlender (smaller cash-loan service provider)

Amount you still owe tooltip text
R
Add another loan
Get extra cash
Remove
This amount will be paid off as part of your new loan.
How much do you need? tooltip text
R
Get extra cash
What’s your preferred repayment term?

  • 6
  • 12
  • 24
  • 36
  • 48
  • 60
  • 72
Include insurance in your repayment tooltip text
Total amount

R2000

R300000

How much you’ll pay back each month tooltip text

R0.00

What you’ll be saving tooltip text

A single, easy to manage instalment will mean you spend less each month on fees.

Example interest rate tooltip text

11.75%

29.25%

On average, South Africans will pay interest of 18.75% to 29.25%. We’ll offer you an interest rate based on your payment history and risk profile.

See loan details
Apply now

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.

Learn more about loan consolidation

See all

How to get loan consolidation right

Ever wondered what loan consolidation’s all about? Here’s a 2-minute explainer.

By Staff writer

Published 29 Jul 2022 in nedbank:blog/loans

Read
2 mins
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How to get loan consolidation right

Ever wondered what loan consolidation’s all about? Here’s a 2-minute explainer.

Staff writer

Published 29 Jul 2022

Read
2 mins

Should you get a second loan?

You need to know how to judge when another loan makes sense.

By Staff writer

Published 29 Jul 2022 in nedbank:blog/loans

Read
4 mins
card icon

Should you get a second loan?

You need to know how to judge when another loan makes sense.

Staff writer

Published 29 Jul 2022

Read
4 mins

Calculate the total cost of your loan

A personal loan sounds like a great way to buy today what you can only afford tomorrow. After all, why save until next year for that dishwasher, if you can buy it on special today?

By Staff writer

Published 29 Jul 2022 in nedbank:blog/loans

Read
3 mins
card icon

Calculate the total cost of your loan

A personal loan sounds like a great way to buy today what you can only afford tomorrow. After all, why save until next year for that dishwasher, if you can buy it on special today?

Staff writer

Published 29 Jul 2022

Read
3 mins

Why was my car loan application declined?

When to improve your credit record, or apply for more affordable vehicle finance.

By Staff writer

Published 20 Feb 2023 in nedbank:blog/cars

Read
3 mins
card icon

Why was my car loan application declined?

When to improve your credit record, or apply for more affordable vehicle finance.

Staff writer

Published 20 Feb 2023

Read
3 mins

What you need to know about your credit score

You may think you have more to worry about, but don’t ignore your credit score.

By Staff writer

Published 27 Jul 2023 in nedbank:blog/credit-scores

Read
2 mins
card icon

What you need to know about your credit score

You may think you have more to worry about, but don’t ignore your credit score.

Staff writer

Published 27 Jul 2023

Read
2 mins

When loan consolidation makes sense

Are you drowning in a sea of debit orders each month that leaves you stressed and disoriented? You’re not alone.

By Staff writer

Published 21 Aug 2023 in nedbank:blog/loans

Read
2 mins
card icon

When loan consolidation makes sense

Are you drowning in a sea of debit orders each month that leaves you stressed and disoriented? You’re not alone.

Staff writer

Published 21 Aug 2023

Read
2 mins

How our loan
process works

Step 1
Step 2
Step 3
Step 1
Accept-the-offer
Complete the form

Complete the loan form online, on the Money app or Online Banking. We’ll run the credit checks and give you an answer.

Step 2

card icon
Consider your offer

We’ll make you an offer based on what we know you can afford. You can either accept it or change the loan amount.

Step 3

Submit-your-documents
Finalise the loan

If approved, we’ll release the money to settle your accounts and, if applicable, send you any extra money you may have asked for.

Ready to apply?

Start loan application
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
R1,923.47
Monthly service fee
R69
Total amount payable
R115,408.20
Annual maximum interest rate
29.25%
Maximum annual percentage rate
34.05%
Initiation fee
R1,207.50
Physical address 135 Rivonia Road, Sandown, Sandton, 2196, South Africa

See our pricing guide for 2023