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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 to consolidate your loans?
Make managing your loans easier with 1 repayment
Pay off all your loans with a new personal interest rate
Save with a new structured repayment plan
Get extra money to use now and pay off a single loan
Use our personal loans consolidation calculator
- Loan consolidation calculator
Add what you pay every month on the biggest loans you have. You can also add 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
What 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 give you an answer.
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 the 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 applicationHow 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