Accessibilty Links

Basic Account

The Nedbank Basic account is a personal, interest bearing and transactional savings account that is targeted at individuals who earn $300 per month or less. 
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The Nedbank Basic Account allows you to enjoy low transactional fees via ATMs, POS and Mobile Banking platforms. In addition a $200 funeral cover is disbursed in the unfortunate event of death. The bereaved family gets instant cash pay –out at the death of the account holder, alleviating the burden that comes with bereavement.

 

Features and benefits

  • Embedded funeral cover (underwritten by Old Mutual Life Assurance Company)
  • Tiered interest paid monthly  and calculated on the minimum  monthly account balance
  • Low transactional charges
  • Convenient  24 –hour access to funds via Nedbank ATMs as well as Zimswitch branded ATMs & POS devices
  • Minimum account balance is $2

 

What do you need to apply?

  • Copy of Identification particulars
  • Passport size photo
  • Current Payslip
  • Proof of Residence, bring any of the following documents:
    • ZESA/Water/TelOne Bills
    • Letter from employer
    • Affidavits from landlord
    • Third party home owner certificate
    • Letters from schools, chiefs and headmen
    • Referral letters from Senior Bank Officials
    • Letter from practising Accountant, existing bank customer, practising Doctor, practising Lawyer, Government arm

Minimum account balance is $2.
Additional Information
Nedbank Zimbabwe

Nedbank Zimbabwe Limited Reg No 525/56.

A member of the Deposit Protection Scheme. A registered commercial bank