Flexible loans of up to R300 000 ​

You have selected:

Why should you apply?

    • Loans between R2 000 – R300 000

    • Terms between 6-72 months

    • Consolidate other loans into a single loan to get the best savings

    • Credit life insurance offered

Features and Benefits

A personal loan is an easy and affordable way to better your life. A personal loan can help when you need money for emergencies or unforeseen expenses, or to pay for home renovations. Nedbank is a trusted lender, so you can have peace of mind that we will only offer you a loan that you can afford. Monthly repayment options are personalised to meet your financial needs, at the best possible interest rate that we can offer you. Apart from these benefits, you can also consider consolidating other loans you may have into one loan account to unlock savings. The benefit of consolidating your loans is that you will have one reduced, fixed interest rate with a structured repayment plan, which could save you money each month and help you stay in control of your finances, while reducing your total loan repayments over time. Choose an affordable way to live your best life and find out more about a Nedbank Personal Loan.  

It is quick and simple to apply. We use advanced technology to get the information we need from you, so you won’t have to submit loads of paperwork. All we need is your valid South African identity card or document.   

We offer loans from R2 000 up to R300 000 over flexible repayment terms from 6 to 72 months.


Credit life insurance  
We also offer credit life insurance to help you in a time of need. The policy will help to cover your outstanding debt in the event of death or permanent disability, safeguarding your family from having to pay your loan debt. It also covers your instalments if you become temporarily disabled (up to 12 instalments) or if, due to no fault of your own, you become unemployed or are unable to earn an income while you are still employed. You also have the option of submitting proof of your own cover, provided that it offers at least the same benefits as referred to in section 3 of the Credit Life Insurance Regulations, 2017.

Terms and conditions apply. Nedbank is an authorised financial services and registered credit provider (NCRCP16).

Nedbank Ltd Reg No 1951/000009/06.

Representative example of total cost of a loan from Nedbank:

Loan amount of R50 000 borrowed over 60-month period with an interest rate of 24.5%.

Approx.intrest rate 24.50%
Loan Amount R50 000
Monthly Insurance Period R1,207.50
Monthly Admin fee R69.00
Total Monthly Installment R1,589
Total Amount Payable R95 365
Approx.intrest rate 20%
Approx.intrest rate 20%

(Loan repayment periods range from a minimum of 6 months up to 72 months. Interest rates are approximated in this example and are influenced by your credit bureau score)