Can I borrow money from the same account?

By Staff Writer

Can I borrow money from the same personal loan account I have with Nedbank? I havea a personal loan of 60 months and I am at the 24 month mark?


Nedbank's Tumelo Marema from New Business answers our readers question this week. 

As client mentions he is on approximately 24 months of 60; he is welcomed to apply for a reload. We only expect 4 payments on any new loan for a reload to be granted. Obviously, the new application will still be subjected to our lending criteria.
Our sales division is contactable on 0860103582 or alternatively client can visit any nearest branch with the following set of documents:
1.       Original ID
2.       Latest payslip
3.       Proof of address
4.       3 months bank statement if account is held with a different institution

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