Nedbank

Nedbank’s roots can be traced back to the early 19th century in 1831 with the establishment of the Cape of Good Hope Bank. The Nedbank Group was ultimately formed in 2003.

As of 31 December 2021, Nedbank is proud to report that they’ve employed more than 27,303 staff members. The total number of branches is 618 with a total of 4,453 ATMs. Through innovative technology and tremendous growth over the years, they now boast 7,1 million clients of which 2,3 million are digitally active.

Nedbank strives for sustainability

Sustainability is the most important aspect of a business. To operate in a manner that is beneficial to the financial and environmental future of clients and the community is of high priority to Nedbank.

They have several guides they work from:

• Nedbank Water Savings Guide
• The Energy Efficiency Guide
• Nedbank Smart Living Guide
• Biodiversity Guide
• Carbon Footprinting Guide
• SANS Guidelines
• Nedbank Foodsaver’s Guide
• The WWF Nedbank Green Trust – 25 years of foresight

The Nedbank sponsorships

Nedbank has created a strong business presence through the various sponsorships they grant. They’ve earned a good reputation for being a leader in the sponsorship market. Some of their sponsorships include:

• Golf
• Soccer
• Road Running
• Runified – It’s a movement
• Cycling
• Wine industry
• IMC conference

Nedbank believes in protecting its customers

Nedbank is serious about protecting its clients. They believe in treating each client fairly and doing everything possible to protect their personal information. They make use of cyber resilience to strike back at cybercrime with innovative and up-to-date technology.

By upholding their core values and strict business ethics that were set out during Nedbank’s establishment, they strive daily to deliver individual and outstanding customer service to each client.

Nedbank’s vast range of products and services

Nedbank is a comprehensive financial institution that caters to all your financial needs in one place. Everything from personal finance to Investments and corporate banking, they are your one-stop shop.

In the personal banking category, you’ll find services like:

• Accounts
• Personal loans
• Credit cards
• Home loans
• Save and invest

Reach your financial goals

The Nedbank personal loan can give you access to between R2,000 and R300,000. Interest rates are tailored to your need and you can enjoy a repayment term of between 6 and 72 months.

When you apply for a personal loan from Nedbank you can expect to pay the following fees and interest rates:

• A monthly service fee of R69.00
• An annual maximum interest rate of 26.50%
• A once-off initiation fee of R1,207.50
• Maximum annual percentage rate of 31.17%

Personal loan calculator

To manage your money well, being able to stick with a budget is important. Nedbank has made this possible by giving you access to a loan calculator. You’re able to calculate how much you can afford and see what you’ll be repaying.

You can choose any amount between R2,000 and R300,000 and indicate with the slider the preferred repayment term. On the right, you’ll see an approximate breakdown of your monthly instalment, chosen interest rate, and the total repayment amount.