FNB Loans for Every situation – Uniquely Designed Offers

Overview

FNB offers tailor-made loan solutions for specific needs to its clients. 

Temporary:

These are short term loans, normally offered up to R4000. Upon qualification, the amount is directly credited into your FNB Cheque or Smart account. If repaid within the stipulated 31 days term, clients don’t have to pay any interest. This suite includes Express Loans and ATM Loans and the entire system is paperless.

Overdraft:

If this facility is not used, no payment has to be made. Payment is charged if you use more than R200. Additionally, a personalised interest rate is calculated and the amount loaned is dependent on your credit profile. An overdraft allows you to keep spending money on your account even if you have a zero balance. Call 0860 327 827 to apply.

Revolving Loan: 

This facility provides access to cash you’ve already repaid on the loan. You must have an FNB Personal Cheque account. There is no set term- once you’ve repaid 15% of the loan you can access these funds again.

Personal Loans:

R1000 to R150 000 is offered on this product and there are up to 60 months to repay. Due to the fact that each individual’s needs are different, FNB calculates personalised interest charged on the loan amount. Individuals who are between the ages of 18 and 63 qualify. In addition, you will also need to have a bank account for at least 3 months as well as more than R750 disposable income after paying your monthly expenses. A debt consolidation option is also offered as part of this package, should clients want an easier way to pay their multiple debts. A Customer Protection Plan is included while another benefit is the January break facility, which allows you to skip a payment.

Home Loans:

You’ll have to provide a valid South African I.D or passport. This must be accompanied by your current proof of address, employer’s physical address and your latest payslip.

Visit www.fnb.co.za