Good Reasons to get an FNB Smart Spend Loan

Good Reasons to get an FNB Smart Spend Loan


As one of the biggest banking institutions in South Africa, First National Bank (FNB) offers its clients the best quality products and services.

In addition to transactional services, FNB offers simple and easily-accessible loans.

Why get an FNB Smart Spend Loan?

By getting an FNB Smart Spend Loan you can have the financial freedom you need to pay for your most pressing financial emergencies. The application process for the loan is quite simple. You can apply at any FNB branch or online. With access to a reliable and secure internet connection and a computer, you can apply from the comfort of your own home or without having to step out of the office.

You have the flexibility to choose your own loan term. As a responsible lending institution, FNB only offers loans to individuals who can afford to make repayments comfortably. When applying for an FNB Smart Spend Loan you can choose a loan term that will suit your budget and needs. The amount you will be granted will depend on your individual profile and affordability. Loan amounts range between R1000 and R150 000, with up to 60 months to repay.

Getting access to an FNB Smart Spend Loan is quick. Loan pay-outs are fast and efficient.

The interest rate is fixed, so you won’t have to worry about fluctuating repayments. This will also help you budget better.

Paying the loan back is easy too. With the simple debit order repayment arrangement, you don’t have to worry about running around at the end of the month trying to make payment. There are also no penalty fees on early settlement. With FNB, if you can repay the loan sooner, the better.

FNB offers clients a payment break every January, which can ease the pressure significantly.

Credit insurance which is included will cover the payment of your loan in the unfortunate event of your death, disability or retrenchment.

What you need to apply:

  • Be a permanent South African resident
  • Be permanently employed
  • Provide your latest payslip
  • Provide latest 3 months’ bank statement
  • Provide proof of residence


Categories: General

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