Build a better tomorrow today with a Nedbank Secured Personal Loan. If your pension or provident fund is registered with Nedbank, you could qualify for a Nedbank Secured Personal Loan.
A Secured Personal Loan gives you the opportunity to apply* for a loan against your pension or provident fund. The possibilities are endless – renovate, do additions or even purchase a home with a Nedbank Secured Personal Loan.
Members of a pension or provident fund whose fund has a fund agreement with Nedbank in place may apply for a Secured Personal Loan. These members must have built up sufficient withdrawal benefit in their pension or provident fund.
A percentage of the value of your pension of provident fund as determined by your fund rules may be used to secure a loan for building, extending or renovating your home. The repayment term will vary according to the qualifying loan amount.
Features
- Access to a loan that meets your individual housing needs.
- Attractive interest rates.
- No bond registration or property valuation fees.
- Negotiable instalments depending on repayment periods and funds available.
- Insurance that covers you in the event of death, disability or retrenchment. You have the option to arrange your own insurance policy that covers you for these events.
