Today’s guide is about FNB Personal Loan.
Do you want a personal loan for an emergency?
FNB understands some expenses can disturb you, so they now offer an FNB personal loan to everyone who meets the qualification criteria.
But before applying for the loan, you should get to know the documents needed, the qualification criteria, and how to apply for the loan.
I will share with you all these details and also how the First National Bank personal loan works in an overview.
Table of Contents
What Is First National Bank Personal Loan
FNB personal loan is meant to offer a solution to meet your personal both planned and unplanned expenses.
The bank offers up to R300 000 personal loans and can be approved after a few minutes.
Do struggle with personal expenses anymore because FNB can assist you.
Whether it is an emergency, the loan can be approved within a few minutes.
The loan interest is personalized such that the bank evaluates your income and affordability to determine the interest rate.
Furthermore, the bank ensures the loan when you become disabled, lose your job, prove to have an inability to earn income, or death.
The bank will not disturb you or your family.
There are also other benefits of this type of loan, such as no penalties when you fail to make the payment during the right time expected by the bank.
You can even request a break when repaying the loan if you have financial difficulties.
If you are looking to apply for the loan, here are the details you need to be at know-how before applying.
How To Qualify For FNB personal loan
It would be best to meet the following qualification criteria before thinking of applying for a personal loan.
- You must be 18 years or older.
- Be permanently employed or self-employed.
- Be a permanent SA resident.
- Your salary must be directly paid into your bank account.
Documents required for applying for the loan
FNB requires everyone applying for a personal loan to have the following documents:
1. Identification documents for this loan are meant for people living permanently in South Africa.
You should have a South African ID, green book, or valid South African passport.
2. Passport with valid work/retirement permit (non-SA resident)
3. Proof of residence documents which are not older than three months)
4. Proof of income and financial information
How to apply for the FNB South Africa personal loan
If you meet the criteria as per the FNB and have all the documents, you can apply for the loan by visiting the nearest FNB branch.
You will be guided by customer care at the bank on applying for the loan and how to fill the application form.
That is all we have for the FNB personal Loan in South Africa.
