Established in 1967 by Raymond Ackerman, Pick n Pay has grown to become a retail giant in South Africa as well as in various other countries on the African continent.
JSE-listed in 1968, Pick n Pay has operations in Namibia, Botswana, Zambia, Mozambique, Mauritius, Swaziland and Ghana.
In addition to offering customers quality products, Pick n Pay has diversified its service suite to offer financial services.
Pick n Pay Loans are offered through Pick n Pay Money Services, in addition to other services such as Retail Savings Bonds, Cash withdrawals and SASSA card purchases.
How do Pick n Pay Loans work?
Nedbank mini branches are available at selected Pick n Pay stores across the country, providing access to banking services with a wide range of Nedbank products.
Loans are offered from R1000 to a maximum of R200 000. Flexible repayment periods of between 12 and 60 months are offered, giving clients a reasonable amount of time within which to repay the loan.
Offered at a customised interest rate, Pick n Pay loans are offered with a straightforward application process, making it easy to get access to extra finance. Once you are approved for a loan, cash is deposited directly into your bank account.
What are the qualifying criteria?
- Provide a valid South African ID
- Be permanently employed or employed under a fixed term contract.
- Earn a salary of at least R2000 a month
Why choose Pick n Pay Loans?
Convenience- Accessing the loans is simple as you can completely avoid having to wait for long hours at the bank to get a chance to speak to a consultant. With Pick n Pay Loans you get fast, efficient and flexible financial services. You won’t have to travel too far to get access to the loans.
Simple process- The application process is fairly quick and easy. Once you qualify and are approved for a loan, the funds will be deposited directly into your bank account.
Visit www.picknpay.co.za for more information about Pick n Pay Loans.