image of Nedbank
image of Nedbank

Nedbank is a registered credit provider with South Africa’s National Credit Regulator: NCRCP16

About – Nedbank

When there is so much uncertainty in the economy, you can achieve your financial goals only if you have a reliable banking partner. Nedbank is dedicated to providing the most efficient and reliable banking products and services and has a track record of excellent performance.

We are committed to helping you succeed.

It is recognised for its top quality customer service with a personal approach and attention to detail. The expert team ensures that each customer receives unique solutions tailored to their personal needs. The bank provides a complete range of products and services in its core areas of operation which are financing, credit cards, transactions, deposits and investment. 

Services – Nedbank

The Nedbank student loan is designed to help you get a tertiary education and have the best chances of professional success. The loan facility can be in the name of either the student or the parent. It is designed cover all major education expenses and namely tuition fees, accommodation and study materials and equipment.

main benefits and advantages

The loan contrast is subject to a single administration feed, a monthly debit order for the interest on the principal amount and, reapplication for every year of registration. The main benefits and advantages of the student personal loan are attractive interest rates, flexible repayment terms, grace period options and a competitive life cover.

Summary of Services

  • Personal Long-term Loans
  • Student Loans 
  • University Grants
  • Education Finance
  • Study Loans 
  • Personal Loans

Nedbank Student Loans Review - Can They Be Your Ticket to Higher Education?

A university degree will enable you to find a well-paid job and to build a professional career. The question is how to finance your studies. Use this Nedbank student loans review to find out whether these finance provides will be able to help you achieve your goals.

Nedbank is one of the largest lenders in South Africa and this gives it a huge competitive advantage which you can use.

They offer highly professional customer service based on attention to detail and some of the most favourable terms and conditions. You can expect complete transparency and assistance with everything which you need.

Only Pay Interest While Studying

Nedbank student loans are designed to cover all of your major expenses while you are at university. These include tuition fees, the cost of accommodation and expenses for books and study equipment such as a laptop. The precise loan amount is determined based on the needs of an approved applicant. Nedbank student loans come with a flexible repayment term and this is a great benefit to have.

While you are studying full time, you will have to pay only interest in the form of a monthly instalment. After you graduate, you will have 1.5 years for repaying the remainder of the finance which you have got for each year of schooling. The amount which you will owe will consist of the principal amount plus any outstanding interest. Keep in mind that you have to apply for finance online or in branch every year while at university.

Flexability and Affordability

Generally, this lender gives you great flexibility when it comes to repaying the loan. You will get a grace period if you have to complete an internship or provide community service during your final year. The interest rates are among the most attractive which you will find. This will certainly add to the flexibility of the personal loan as well as to its affordability.

In order to qualify for a student loan from this lender, you will need surety. This is an income earner, typically a parent or a guardian, who will be responsible for repaying the loan while you are studying. This income earner must meet the bank's lending requirements. Overall, this review finds that the Nedbank student loans can be highly beneficial to aspiring university students.

 Contact Details

35 Siemert Rd, Doornfontein, , Sandton, Gauteng, 2094, South Africa
Ph: 011 406 3960 / 0860 103 582
Em: [email protected]

 Universal Branch Code

Nedbank’s 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 –