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 Nedbank Compliment

SUPPLIER

Nedbank

INDUSTRY Banking
BRANCH / AREA East Rand Mall COUNTRY South Africa
TIME / DATE 15:17 Fri 3 Feb PERSON RESPONSIBLE Sales
CUSTOMER Rala-rala View all reports by user
NATURE

Pricing

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INCIDENT Fri 3 Feb
HEADLINE

13% interest rate better than FNB on personal loan

In December I needed some extra cash so I decided to go for personal loan and the first bank to come to my mind was FNB because that is where my salary goes to. 0n the 28th Dec my loan was approved by FNB at 24% interest. I was not happy at all and I made sure that on my return to JHB from home in Eastern Cape I will shop around to see if I won't get a better rate some where else. Nedbank was the first bank that I went to and I could not believe, they approved the loan in 3 days @ 11% interest rate. I repayed my FNB load immediately. I am now shoping around for the bank that can offer the same pricing as FNB or better. FNB has shown me my risk profile is more than twice compared to Nedbank.
NB: I don't have interests whatsoever at Nedbank but I would like everyone to know about this big gap between the two banks on personal loan. I am a premium banker with FNB.
SUPPLIER'S RESPONSE Nedbank Time and Date 19:03:40 | Fri 3 Feb 12
Hello Rala-rala,

Thank you for taking the time to provide us with such positive feedback.
This serves as a great motivator for us to keep doing things right.
Kind regards
Executive Services Support | Client Services | Nedbank Group Ltd
CUSTOMER'S FEEDBACK Rala-rala Time and Date 13:51:51 | Wed 8 Feb 12
Quite Impressed: Impressed

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