Nedbank supports SA’s final-year medical students with no-cost professional banking for 2021

May 2021 – Covid-19 has impacted massively on all South Africans, but few people have experienced the challenges of the pandemic more acutely than our nation’s medical professionals and frontline workers.

This is especially true for medical students who are in their final year of study and have had to contend with the extreme stress and long hours of completing their degrees during the pandemic. To provide these young people with the support they deserve during this difficult time, Nedbank is offering South Africa’s final-year medical students all the benefits of a private-banking experience, at no cost to them.

Coenie Smith, National Manager: Medical Professionals at Nedbank, explains that the special offer builds on the bank’s well-stablished reputation for partnering with the country’s medical professionals to help them optimise their finances as easily as possible, giving them more time to hone their skills and build their professional careers.

‘The Nedbank Medical Professional offering is especially popular among young medical practitioners, most of whom appreciate the comprehensive private-banking solution it offers, says Smith. ‘This is supported by a dedicated relationship banker who has extensive insights into, and experience of, the challenges medical professional face every day.’

Through this offer, final-year medical students can access all these bundled professional-banking features and benefits without paying a cent in service fees for the rest of 2021.

‘And because we know that the challenges won’t stop at the end of this year, but may even intensify as these newly qualified medical professionals go on to do their internships, Nedbank will also extend the offer to medical interns in 2022, giving them a 50% discount on our bundled Young Professional offering until they turn 30 years old,’ says Smith.

In addition to enjoying zero service fees for the rest of 2021, and the services of a dedicated banker, qualifying final-year medical students who take up the Nedbank Young Professional offering will also receive R1 000 back in cash when they take out vehicle finance with Nedbank between January and June 2022, and they have the option of a 100% home loan of up to R1,5 million from January.

‘The Nedbank Young Professional bundle is essentially an opportunity to enjoy the many rewards, and valuable lifestyle and travel benefits, but more importantly for our nation’s aspiring young medical professionals, it is an opportunity to have one less thing to worry about, so that they can focus on getting their qualifications without having to juggle financial worries at the same time,’ says Smith.