The official page lists R2,000 to R400,000. The amount on your quotation depends on Nedbank’s NCA affordability assessment.
Nedbank Personal Loan
Nedbank Personal Loan: R2,000–R400,000, terms 6–84 months. Calculator example R50,000 / 84 months shows R69 service fee and initiation up to R1,207.50. Rate personalised — check the quotation. Not the Nedbank Gold credit card.
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Frequently Asked Questions
The repayments calculator offers 6, 12, 24, 36, 48, 60, 72 and 84 months.
Nedbank prices the loan from your payment history and risk profile. The calculator notes that South Africans pay 18.25%–28% on average; that is a note, not your quote. The published R50,000 / 84-month example discloses annual max interest 29.25% and max APR 34.05%.
On 84 months the public calculator shows instalment R1,923.47, service R69, initiation R1,207.50 and total R115,408.20. Nedbank says the illustration is not binding.
No. The official calculator FAQ states Nedbank will not charge a fee if you pay the loan back before the term ends. Still request a settlement balance so interest is calculated to the payoff date.
Treat it as optional. The calculator lets you add insurance or keep your own cover, and JustMoney cites the official optional wording. Confirm the premium on the quotation before you sign.
A South African ID or passport, your latest payslip, and three months’ bank statements if automatic retrieval fails.
Yes. Existing clients open the Money app or Online Banking, select Borrow, then Personal loan, and sign in with Nedbank ID. Nedbank says some clients already have an offer waiting.
No. This is an unsecured instalment loan. The Gold card is a revolving credit card at /za/credit-cards/nedbank/overview.
Nedbank Limited is credit provider NCRCP16 and authorised FSP 9363, registration 1951/000009/06, at 135 Rivonia Road, Sandown, Sandton, 2196.
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Nedbank Personal Loan — Visit bank
Nedbank Personal Loan: R2,000–R400,000, terms 6–84 months. Calculator example R50,000 / 84 months shows R69 service fee and initiation up to R1,207.50. Rate personalised — check the quotation. Not the Nedbank Gold credit card.
Visit website
This button goes straight to the lender. There is no partner link here and we earn nothing from the click. The rating on this page is an editorial score.