Nedbank – Loan details

Online loans up to R250.000

Loan amount R2K – R250K

Interest from 27.50%

Term 6 – 72 months

Approval 24 hours

You must be employed under a permanent or fixed-term contract and not self-employed
You must earn at least R3 500 per month, paid electronically into your bank account
Your valid barcoded South African identity document or smart card ID
Your most recent payslip(s) for one month or your letter of employment if you are a contract worker
Your stamped bank statements for the last 3 months (reflecting your salary). If you bank with Nedbank, ABSA or Standard Bank, we will be able to arrange this on your behalf
Your proof of residence (not older than three months), such as a utility bill or any statement of account that has your name and physical address on it