The Benefits of FNB Loans – Giving Clients More

Overview

FNB has created a popular finance option in the form of FNB Loans. Tailored to suit different needs, they have rendered FNB service as the best on offer in the industry. There are numerous types of FNB Loans which were designed with the customer’s best interests in mind.

FNB Temporary ATM Loans:

These loans are ideal for short-term finance needs. Individuals can simply go to an FNB ATM and apply for the loan amount they need. Depending on their credit profile a suitable amount is granted by FNB. Clients are required to repay the loan amount in full within 31 days.

FNB Overdraft Loans:

If clients have a zero balance in their accounts, they can arrange with FNB for an overdraft facility, which essentially gives clients the ability to continue making purchases on their current account.  This facility does not have a minimum monthly repayment and repayments are deducted whenever deposits are made into the account. It’s available to FNB Cheque account holders. If used, clients will be expected to pay a monthly fee of R200 or more. FNB clients can call 0860 327 827 to apply for this facility.

FNB Revolving Loans:

These loans provide a platform for existing FNB Loan borrowers to have access to more funds when they have paid a minimum of 15% on their existing loan. This loan is available to FNB personal cheque account holders. The loans has a monthly fee of R40, which is payable when clients make use of the facility.

Available to individuals aged between 18 and 63 years, FNB Loans offer flexible repayment terms of 1 to 60 months, and include a Customer Protection Plan. Applicants must also have a valid S.A. I.D. or passport and be able to provide proof of residence and employment.

Visit www.fnb.co.za to apply.