Nedbank Personal Loans:
This offer gives up to R120 000 in finance. If a smaller amount is needed though, applicants may qualify from an amount above R1000. These personal loans have been designed to cater to individual needs. Creditworthiness and payment history come into effect when determining repayment amounts. They are unsecured, so as a client, you don’t have to provide any form of collateral. Once approved, the loan amount is deposited directly into your account. Nedbank gives clients the freedom to choose between 24, 36, 48 and 60 months to repay. An added benefit is that it is not limited to Nedbank account holders, so anyone in need with a good credit history can apply.
Nedbank Home Loans:
These loans are specifically for potential property buyers as well as home-owners who want to do structural renovations to existing properties. Home Loan repayment s with Nedbank are extended over a 25 year period, giving clients ample time to pay to pay the loan off, without straining their pockets. To apply, clients need to simply fill in an application letter, which clearly states the following:
Monthly income and expenses
Current Assets and Liabilities
Copy of the signed purchase offer
The application should also include 3 months’ bank statements as well as an I.D. copy.
Nedbank Student Loans:
Nedbank values education and has therefore created a student loan facility to empower individuals for them to be able to further their tertiary education. This loan challenges the escalating costs associated with getting an education, through the provision of friendly interest rates and flexible repayments. Students may repay the loan during or after completion of their studies.
Nedbank Vehicle Finance:
These loans are negotiated between you and the dealer and thereafter the application form is submitted to Nedbank, in accordance with the bank’s criteria.