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If you are retrenched, up to 10% of your outstanding overdraft balance will be paid (limited to R30 000). You can get overdraft insurance if you're between the ages of 18 and 64.

Who can apply for an overdraft? You can apply for an overdraft if you have a Nedbank transactional (current or savings) account, and your salary is paid into this account. You can also choose to add an overdraft when applying for a qualifying Nedbank account on the Money app or Online Banking.

This is a 1% reduction on the interest rate used on client's overdraft limit, calculated at the end of each month. If you have a debt relief request, please visit .nedbank.co.za or call the debt relief number 0860 110 702, for further information.

If you already have a Nedbank account, you can apply for an overdraft on the Money app or Online Banking. You can also choose one when you open your account for the first time. Once your overdraft has been set up, you can increase or decrease its limit anytime on our digital banking channels.

Online or on the Money app Log in with your Nedbank ID, app PIN or fingerprint. Tap Overdraft. Complete your application.

If your application is successful, your new arranged overdraft or limit will usually be available straight away. However, if you apply between 8.30pm and midnight, it can take up to 2 working days to show in your account.

Pay off your debt Without any debt, you will be in a better position to seek approval and appear much more financially stable should your bank conduct a credit check. Unfortunately, paying off your debts will not immediately impact your credit score, so if you feel your score is too low to apply for an overdraft.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232