Understanding FNB Temporary Loans
- Quick Cash: They provide fast access to funds when you need extra money.
- Flexible: You choose how much to borrow within limits.
- Short-Term: Designed for urgent needs, not long-term financial solutions.
Requirements
- FNB Account: You MUST have an active FNB Cheque Account or Easy Account.
- Income: Earn between R3,000 and R4,000 per month.
- Age: Be age 18 to 63.
- South African ID: Have a valid South African ID card.
Application Methods
Here are the step-by-step options for applying. Choose the one best for you:
Option 1: FNB Cellphone Banking
- Dial: Using the phone number linked to your FNB account, dial 120321#
- Follow Prompts: The menu will guide you.
- PIN: Enter your FNB Mobile Banking PIN.
- Select “Get a Loan”: Choose this option from the main menu.
- Select “Temporary Loan”: Pick it from the new list of options.
- Review Rules: Read carefully before proceeding.
- Consent (If Needed): If married, your spouse may need to consent.
- Terms & Conditions: Read these THOROUGHLY.
- Accept (If First Time): Click “Accept Offer” if this is your first time taking a Temporary Loan.
- Loan Amount: Choose the amount you need.
- Complete Form: Fill out the simple application.
- Confirm: Submit your application.
- Approval = SMS: You’ll get a text if approved.
Option 2: FNB Online Banking
- Login: Sign in to your FNB online banking.
- “Loans” Tab: Find and click the “Loans” section.
- “Get a Temp Loan Now”: Select this option.
- Review Rules: Read them before proceeding.
- Consent (If Needed): If married, your spouse may need to provide consent.
- Terms & Conditions: Read these THOROUGHLY.
- Accept: Click “Accept offer”
- Loan Amount: Choose how much you need.
- “Take up loan”: Click this button.
- Double Check: Make sure everything on the application is correct.
- Submit: Send it in!
Option 3: FNB Branch
- Visit: Go to your local FNB branch.
- Ask About Temporary Loans: Staff will help you.
- Paperwork: Fill out the application with their help.
- Follow Their Instructions: Branch staff will guide you.
Important Reminders
- FNB Temporary Loans are for short-term needs. Plan to pay them back quickly.
- Interest rates apply, so figure the total cost before taking the loan.
- Only borrow what you can comfortably repay.
- If you’re unsure, ask questions! FNB staff are there to help.