In order to qualify for Nedbank personal loan you need the following:
- A cash deposit of R1000 to R120 000 in your salary account
- A flexible loan repayment of 12, 24, 36, 48 or 60 months
- Loan repayment debited directly from you account
- You must be permanently employed or employed under a contract (not self-employed).
- You must earn a net salary of at least R1 200* per month.
- Your salary must be electronically deposited into your bank account.
- You must be contactable on a landline telephone.