To apply for solar financing, you must meet the following requirements:
- Be at least 18 years old;
- Be a resident of South Africa;
- Obtain a quotation from Nedbank’s solar screen supplier partner.
You will also need to provide the following documents:
- Valid identification document;
- Proof of residence;
- Employment contract or recent paycheck;
- Bank statements for the last three months;
- Quotation for solar panels in your name and specifically for your residential property.
Please note that Nedbank solar financing is exclusively available for residential properties. It’s advisable to have property-related documents on hand, as they may be requested during the application process.
Where can you apply for Nedbank solar financing?
You can conveniently complete the entire application process online through Nedbank’s service channels. Simply visit the bank’s website, select the Nedbank solar financing application form, and fill it out with your personal information, property details, and the quotation for solar panels.
Upon submission, a dedicated consultant will be assigned to guide you through the process of obtaining financing and installing solar panels.
Financial features of Nedbank solar financing:
- Solar panels must be purchased exclusively from Nedbank’s partner suppliers;
- The interest rate applied is determined based on the total financing amount, with rates that are competitive within the financing market;
- Enjoy a repayment period of up to 72 months;
- The approval of financing depends on your credit history as well as the supplier’s availability of stock;
- The entire application process typically takes around six weeks to complete.
Are you ready to transform your electricity consumption habits? Take a step towards change and request your Nedbank solar financing today!