Rating based on 18 reviews

Student loans offered by Nedbank

Updated

  • Low-interest starting from 10.25%
  • Student loans up to R100,000
  • Repayment up to 36 months

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Nedbank homepage

Author Nedbank. Screenshot of Nedbank website. [Accessed April 5, 2018]

About Nedbank

Nedbank abides to the rules and regulations of the National Credit Regulator without fail.

There is no telling whether you can achieve your financial goals lately because of how the economy is going. However, you can always try to ensure that you are not too far off and get help when you feel you can’t handle the expenses anymore.

We want to help you get ahead

The economy shouldn’t stop customers from wanting to be the best they can be. If you have credit cards that are no longer serving any purpose, you might have to consider stopping them because they are adding unnecessary financial pressure.

Nedbank Services

The Nedbank student loan was formed to help you with your educational development.

At the end of the day, we want to be part and parcel of your progress and know that we too made it possible for you to be where you are today.

The pros and cons of a Nedbank student loan

After getting a student personal loan, you will have to ensure that you stick to your monthly payments as well as the interest charges. Should we find that you don’t have money on the day your direct debit is made, you will be charged for interests.

Nedbank Product Details

  • Loan Type Student loans
  • Interest Rate from 10.25%
  • Loan Amount up to R100,000
  • Repayment 6 months to 36 months

Summary of Services

  • Flexible repayment options
  • Lower interest rates
  • Repay the loan when your studies are complete
  • Competitive credit life cover

Nedbank has reliable student loans to finance higher qualifications

Education is important in all aspects of life.

If it proves to be very difficult when you want to get a degree but doesn’t have the money available to finance your studies. Make use of the credit review and find out what everybody is saying about this method of finance. It might not be such a bad idea to invest in the idea of becoming a professional somebody one day.

If you want to know more about our services, you can call us and we will explain everything you would like to know.

Pay if you are enrolled in a higher education phase

As a student, you will need books, money to pay your school fees, money to pay your books, accommodation as well as money for food. Nedbank student loans include all your necessities because the last thing we want to see is our future leaders going to bed on a hungry stomach or failing an examination because we didn’t make money for food available on our loan offer.

There is a certain figure you will be while you are studying and after you graduate. If you would like to apply for finance online, you can do this by going to our website online and finding out what you need to apply and the loan is yours.

We want everybody to be given a chance

While we want everybody to be given an equal chance to education, we can’t help you if we can see that you already have a lot of expenses that you are taking care of. On the other hand, you might find that you can’t get a student but you can apply for a personal loan and pay your fees with it.

The student or a parent of the student can apply. However, due to the fact that we will need sources of income, we usually think it is best if the parent applies for credit. If you meet our requirements and your credit profile can withstand another loan, we will grant your application successful and see how we can help you get ahead. The repayments options are also easy to do and you are more than welcome to settle your loan before the required date, we will not penalize you for doing that

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Nedbank is a trusted & reliable provider of student loans

In our review, Nedbank adheres to the compliance criteria in accordance with NCA regulations, where the granting the loan will not cause financial distress to the consumer.

Nedbank is a registered credit provider in South Africa: NCRCP16

Customer Reviews & Testimonials

June 2019

My student loan from Nedbank not only helped me pay for my education but it was also really affordable and paying it back was not difficult at all.

Nomzamo M
— Empangeni —

April 2019

I’d like to say thank you to the consultant who assisted me with my student loan application. Thank you for explaining everything to me clearly and making things a lot easier for me.

Elize B
— Parys —

April 2019

Their student loans are very accommodative.

Nimrod N
— Benoni —

Nedbank Contact Details

Physical Address

  • 35 Siemert Rd, Doornfontein, Sandton Gauteng 2094 South Africa
  • Get Directions

Nedbank Universal Branch Code

  • 198765

Opening Hours

  • Monday 08:30 – 16:00
  • Tuesday 09:00 – 16:00
  • Wednesday 09:00 – 16:00
  • Thursday 09:00 – 16:00
  • Friday 08:30 – 16:00
  • Saturday 08:30 – 12:00
  • Sunday – Closed