Quick loan calculator

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Loan interest rates depend on your credit score and risk profile.

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This quick loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

Nedbank offers quick & easy online loans

Nedbank strives to provide the fastest service in the industry while offering full commitment and attention to detail.

They have highly competitive interest rates and customisable repayment options. Enjoy the lifestyle that you want by partnering with Nedbank. 

Nedbank online loans – guaranteed to match your needs!

Speed is extremely important when you have to make an urgent purchase or pay for a bill that is way past due.

The credit product which you'll take out has to be affordable and easy to repay. Contact Nedbank to find out if these products meet all of your needs.

Apply online in just minutes

Quick loans from Nedbank are fairly fast to obtain. You can apply online, over the phone and in one of their branches. This kind of flexibility allows you to make the application whenever it's convenient for you. Your location is irrelevant.

The processing of the application is fast. If you're approved, the money will be sent to your bank account right after you sign the loan agreement. 

Nedbank provides less risk & more reward

Nedbank's quick loans are unsecured, so there's no immediate risk of losing an asset in the event that you fail to repay what you owe. You can borrow between R2,000 and R300,000 depending on your income and creditworthiness.

The amounts are sufficient for making various kinds of purchases and for covering many different types of quick cash expenses.

You get to select the repayment term. It can be from six months to six years. A longer-term will make the monthly payments smaller, but you'll pay more interest over time.

In general, the interest rates on these loans are quite competitive but are always individually determined based on the applicant's credit profile. As a South African, you're entitled to a free credit report once a year.

Basic eligibility requirements

To apply for a loan you must be over the age of 18 but under 65, must be a South African citizen or permanent resident and meet Nedbank's affordability requirements. You must be permanently employed and have a bank account where your salary is deposited. 

Those who are self-employed, and pensioners, are also welcome to apply. The minimum income required to qualify is R3,500. 

Have these documents on hand when you apply:

• Your South African ID or Smartcard
• A recent payslip, employment contract or proof of pension
• 3 months' stamped bank statements