- Amount: R2.000 - R250.000
- Term: 6 - 72 months
- Age: 18 + years:
Nedbank table of repayments
A representative example
Loan amount of R50 000 borrowed over 60 months. Annual maximum interest rate: 27.50%. Initiation fee: R1 207.50. Monthly admin fee: R69. Max APR: 32.21%. Total amount payable: R101 177
Nedbank experience and discussion
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Is Nedbank a scam?
No. The product is absolutely fine and no need to worry about anything hidden. The company Nedbank Ltd really provides these loans.