FNB Personal Loans

FNB is one of the oldest and most established banks in South Africa. After more than a decade of existing as a sole company, they became part of the FirstRand Limited group.

You can apply for a personal loan by filling out their form online. You can also request for a loan through their FNB Banking app. FNB also allows you to contact them via mobile banking (*120*321#) or via landline telephone (0861 40 40 40).

Requirements:

  • A permanent resident of South Africa, age 18 to 64
  • Permanently employed or self-employed
  • You have a bank account where your monthly salary is deposited
  • Pass their affordability and credit assessment

Loanable amount: You can loan from R1 000 up to R200 000 from them

Interest rates: Lending rate as of 2018 is at 10%, one of the lowest interest rates applied on a personal loan in South Africa

Repayment period: Terms range from 1 month up to 60 months