FNB temporary loan application
First National bank (FNB) is one of the top three banking institutions in South Africa. With a business focus that caters for diverse demographic groups and needs, The bank has always endeavoured to innovatively provide products and services which meet such diversity. One of the products performing this role is the FNB temporary loan.
The FNB temporary loan is tailored for FNB cheque account or smart account holders. This facility is easy to take up and offers immediate availability of financial resources which go a long way in meeting pressing financial challenges. This loan has no application forms to complete and the money will be credited to your account instantly if you qualify. The initiation fee is up to 13% of the loan value and the amount you qualify for is dependent on your credit profile and is subject to credit approval.
The approved money under this loan can be accessed at any FNB ATM, online, through Cellphone banking or any FNB branch. Should a client pay the outstanding balance within 31 days, they will not be required to pay interest. The repayment modalities for this loan are very convenient as any deposits made into the FNB transaction account from the day after taking up the loan will be allocated towards the payment of the loan.