First National Bank (FNB) is one of South Africa’s most innovating bank, offering a wide range of financial services and among those services are personal loans, if you are seeking financial assistance a FNB Personal Loan will give you the help you need.
If you need a personal loan to complete your outstanding home building project, to cover medical expenses or just to buy your self a new car this credit product can be the right solution for you.
With the FNB Personal Loan you can borrow from a minimum of R1000 up to maximum of R360 000 and FNB has flexible payment term that ranges from 6 months to 72 months for every loan amount you borrow.
FNB Personal Loan Benefits
No Early Payment Penalties: If you decide to pay off your loan early FNB will not charge any early payment fees or penalties.
Fixed Repayment Amount: FNB has a fixed repayment for every loan you qualified to borrow and repayment term ranges to maximum of 72 months
Personalized Interest Rates: FNB offers fixed interest rates that have a maximum of 5% per month, for a short-term loan with repayment term of up to 6 months and 17,50% to 29,25% per year, for long-term loan with repayment term of up to 66 months.
January Payment Break: FNB gives its qualifying customers who always pay their loan on time a break from paying their loan on Januarys.
Credit Insurance: FNB automatically covers every qualifying customer with their Credit Life Insurance, If it happens that you die, loose your job or get disabled.
FNB Personal Loan Eligibility Requirements
The following requirements are important in order to be eligible for the credit product:
To qualify for the FNB Personal Loan you must be a South African citizen, 18 years or older, self employed or permanently employed, must have your income paid electronically to your bank account, you must also pass the credit score or history assessment and also the affordability check.
Documents Required for FNB Personal Loan
These documents will be needed by First National Bank (FNB) when applying for the personal loan:
You will be required to have your latest 3 months payslips and latest 3 months bank statement, for proof of income, if you are self-employed you be needed to have your ITA-34 and your recent recent 3 months bank statement.
Where to Apply for the Personal Loan
When you have all of the documents mentioned above and you meet the eligibility requirements you can apply for FNB Personal Loan at a nearest branch, on the FNB website, using cellphone banking (*120*321#) or on the FNB app.
FNB Contact Details:
To get in touch with FNB regarding their personal loan product you can use the following details:
Cellphone Numbers: 087 730 5596
Email Address: personalloans@fnb.co.za
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