Nedbank Student Loan

When you need a student loan, come to Nedbank and get much more than that.

Wherever Nedbank is involved, you can be sure to hear only great things. They have a purpose to serve their customers and communities to the best of their ability using their combined expertise. You can be sure you are getting better than the best when you apply for a Nedbank student loan.

A student loan from a bank with a vision

The competition is big when it comes to the banking industry, especially with student loans in South Africa. Each bank has its vision, experience, history, and mission. At Nedbank, they strive to be the most admirable bank in the country. By keeping to their roots and staying true to South Africans, they are achieving great heights.

Where Nedbank began

With the establishment of the Cape of Good Hope Bank in 1831, Nedbank's history is a rich and successful story. Nedbank Group as it is now known was formally established in 2003. They have managed to form strategic alliances globally. They are particularly proud of their reputation as one of the most transformed banks in South Africa.

Make your dreams come true

There is probably nothing more frustrating than having the potential for big things and not being able to achieve them due to a lack of funding. Nedbank is committed to helping you reach your full potential. They are in the business of enriching people's lives by giving them the tools they need to prosper. One of these tools is a student loan. 

Sometimes there's just no possible way for you to pay for your studies on your own.

By getting a student loan from Nedbank, that can change. They offer a student loan for part-time as well as full-time students. Nedbank also has the bonus of linking your interest rates to your performance.

What to expect from a Nedbank student loan

Apart from helping you in every way possible to achieve the best possible version of yourself, they have also added some great benefits to their student loans. With their customized repayments, you will only need to pay the interest on your student loan for the first 12 months. The student loan from Nedbank does not limit you. Anything study-related can be covered.

Nedbank covers you for the unexpected

Many of us have seen firsthand lately how unpredictable life can turn out to be. Nobody knows what the future holds. For this reason, Nedbank has a Life Cover on your student loan. Should anything happen and you pass away or you get disabled, your student loan amount will be covered automatically.

Vehicle finance from Nedbank

Starting your new life as a student is exciting. It is the start of great new things and new surroundings. We are often required to live away from home when we start our studies.

Having a vehicle for getting around is always a bonus. Public transport is expensive and often unreliable. Get vehicle finance from Nedbank and make life easier with your car.

Competitive interest rates

A Nedbank student loan is offered at either a fixed or variable interest rate. Hard work pays off and this loan will reward you with lower interest rates when you achieve and maintain good grades.

Interest rates on a Nedbank student loan will be set at prime plus 1 to 2 %. This means that with the current prime rate set at 7%, you’ll enjoy an interest rate of a maximum of 9%.