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Take advantage of payment holidays from Standard Bank and Nedbank

By Athenkosi Sawutana

Description

In response to the COVID-19 pandemic, Nedbank and Standard Bank have announced payment holidays for their clients. If you have been financially affected by the pandemic, contact your bank for new payment arrangements.

Details

  • The payment relief for Standard Bank’s small enterprise customers with a turnover of less than R20 million, will commence on 1 April 2020 and run through to end June 2020.
  • All student customers still studying full time with a Standard Bank Student Loan will receive a payment holiday at 0% interest and zero fees from 1 April to 30 June 2020.
  • Nedbank clients who want to defer their payments or extend their existing loan periods must contact the bank on 0860555111.

Contact

For more information, visit Standard Bank and Nedbdank’s websites.

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