First National Bank FNB Loan 2023/2024 Application Details.
This article contains information about the FNB study loan, application requirements, benefits, qualifying criteria, documents needed, loan calculator, how to apply, and contact details.
An FNB Student Loan can be used for tuition fees, accommodation, equipment, other study material, and devices. Apply anywhere and at any time conveniently and easily on the FNB App.
- An FNB Student Loan offers you the help you need.
Reach your potential while enjoying the benefits of a personalised interest rate and an interest-only repayment, for a 12-month period.
First National Bank FNB Student Loan Features and Benefits
Personalized interest rate
Get a tailored interest rate from prime less 0.5% and up to R300 000 to help fund your studies.
Flexible Payment Options
Pay only interest and fees for a 12 month period and then start repaying interest, fees, charges and capital thereafter.
Credit Life Insurance
We make sure you are covered with our credit insurance.
You may apply for additional funds on an annual basis if you are studying over more than one year.
*Pricing at the current prime rate.
FNB Loan Application Criteria
- You must be 18 years and older
- Principal debtor must be permanently employed or self-employed
- Be a permanent SA resident
- Your salary must be paid directly into your bank account
- The student must be registered with a recognised tertiary institution
- Your application is subject to a pre-qualifying assessment
Documents Required for FNB Loan Application
For an FNB customer
- Proof of enrolment from the educational institution/proof of registration
- Student ID
For a non-FNB customer
- South African green bar-coded ID or smart ID card
- Latest 3 months’ payslip or 3 months’ bank statement (latest 6 months’ bank statements and ITA34 for self-employed customers)
- Proof of residence not older than 3 months
- Proof of enrolment from the educational institution/proof of registration
- Student ID
Other Ways to First National Bank Loan
FNB Banking App
Contact your private advisor
Contact us on 087 730 5596 (Helpdesk)
Call Centre – 087 736 4800
SHARE THIS POST WITH OTHERS USING THE SHARED BUTTONS BELOW.
