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
Amount you still owe tooltip text
Loan 2
What type of loan is it?
Amount you still owe tooltip text
Loan 3
Borrowed from
Amount you still owe tooltip text
Add another loan
Get extra cash
This amount will be paid off as part of your new loan.
How much do you need? tooltip text
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



How much you’ll pay back each month tooltip text


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



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.

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
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

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

See our pricing guide for 2024