Enjoy personalised interest rates tailored to your credit profile and income

FNB Personal Loan offers South Africans a fast, flexible way to access up to R360,000 in credit—personalised to their needs, with fixed rates and no penalty fees.

As one of the country’s leading financial institutions, FNB makes borrowing accessible, transparent, and tailored. Let’s walk through everything you need to know about this reliable financial solution designed to empower you in your personal journey.

Feature	Detail
APR	17.25% – 28.50% (long-term) / up to 5% per month (short-term)
Loan Purpose	Emergency, education, renovations, debt consolidation, general needs
Loan Amount	Up to R360,000
Credit Score Requirement	Based on affordability and credit history
Origination Fee	R1,207.50 once-off (example for R30,000 loan)

A closer look at the core elements of FNB Personal Loan

With an FNB Personal Loan, customers may access up to R360,000 in just minutes, receiving a personalised interest rate based on their financial profile and history.

Loans can be repaid over terms ranging from 1 to 72 months, offering clients the ability to match repayment periods with their income and long-term budgeting.

The interest rate for long-term loans ranges from 17.25% to 28.50% per annum, while short-term loans (1–6 months) carry a maximum of 5% monthly, as per NCA limits.

Thanks to the FNB personal loan calculator, users can estimate repayments upfront—like R1,796/month for a R30,000 loan over 24 months at 18% interest.

Exploring all facets of FNB Personal Loan: benefits and drawbacks

A personal loan is a serious commitment. Understanding both the advantages and limitations of FNB Personal Loan is vital for responsible decision-making.

Benefits

• Fixed monthly repayments: Your monthly instalment remains the same for the full loan term, helping you manage your budget without surprises or fluctuations in payment amounts.
• No penalty fees for early settlement: If you choose to repay your loan early or make additional payments, FNB will not charge any penalties—allowing you to save on interest over time.
• Personalised fixed interest rate: Interest rates are customised based on your credit profile and financial history, offering a fair and transparent loan cost suited to your affordability.
• January payment break with Take-A-Break benefit: If your loan is in good standing for over six months, you automatically qualify for a break from repayments every January—easing financial stress after the holidays.
• Access to additional funds via top-up: Instead of taking a new loan, you can top up your existing one, saving on initiation fees and streamlining your repayment under one agreement.
• Credit life insurance included: Your loan is protected by insurance that covers death, disability, or retrenchment—ensuring peace of mind for you and your loved ones during difficult times.
• Free credit score insights: FNB encourages better financial habits by offering access to your credit score and helpful tools on nav» Money to improve your financial standing.

Drawbacks

• Higher interest rates for riskier profiles: Applicants with lower credit scores or weaker financial history may be assigned higher fixed interest rates, increasing the overall cost of borrowing.
• Not instantly available for non-FNB clients: Although online application is open to all, non-FNB account holders may experience longer verification processes and more limited loan accessibility.
• Additional costs included in monthly repayments: Monthly instalments include service fees and insurance premiums, which can significantly increase the total cost of credit over the loan term.
• Strict eligibility requirements apply: Applicants must meet FNB’s criteria for age, income, affordability, and creditworthiness, which may disqualify individuals with inconsistent earnings or poor credit.
• January break only valid under conditions: The Take-A-Break feature applies only to loans over 6 months that are fully up to date—missed payments can disqualify you from this benefit.

Your guide to requesting FNB Personal Loan: let’s get started

You can apply for an FNB Personal Loan in just a few steps, whether you prefer digital convenience or in-person support. Here’s everything you need to know.

Who can apply? Checking if you’re eligible

To qualify for an FNB Personal Loan, you must be a South African citizen or permanent resident with a valid green barcoded ID or Smart ID card.

Applicants must be 18 years or older and earn a consistent monthly income. Proof of income and bank statements are required to verify financial stability and affordability.

Additionally, a good credit score improves your chances of approval. FNB uses your credit history to determine eligibility and offer a personalised interest rate suited to your profile.

Your employment status, existing debts, and ability to repay also will be reviewed. Meeting all criteria ensures responsible lending and protects you from financial overcommitment.

Pick the way you’d like to apply for FNB Personal Loan

Utilize the FNB App for a streamlined online application process. Simply log in, navigate to the loans section, and follow the intuitive steps for prompt results.

Alternatively, FNB Online Banking offers a convenient platform for submitting your personal loan application online, featuring real-time tracking and access to repayment simulations via the integrated calculator.

For those who prefer direct consultation, you may contact the FNB Personal Loan department using the dedicated phone number listed on their website or visit a branch.

As another option, you can send an inquiry to the FNB personal loan email address provided in their contact information to receive personalized guidance from an advisor.

Getting your hands on FNB Personal Loan: the journey ahead

Applying for the FNB Personal Loan is a smooth process. Here’s a step-by-step breakdown to help you understand what to expect and how to prepare:

1. Check your eligibility: Make sure you meet the basic requirements such as age, South African residency, valid ID, regular income, and acceptable credit history.
2. Use the FNB personal loan calculator: Estimate your monthly repayment using the calculator available on the FNB website or app to find a comfortable and affordable loan amount.
3. Start your application online or via the FNB App: Log in to your FNB account and complete the personal loan online application, or visit a branch for personal assistance.
4. Submit your supporting documents: Provide proof of income (like payslips or bank statements), ID documentation, and any other requested information to support your loan application.
5. Wait for assessment and approval: FNB will assess your affordability and creditworthiness. If approved, you’ll receive your personalised interest rate and repayment terms.
6. Accept the loan offer and receive funds: Review your loan agreement and accept it digitally. Once accepted, funds will be paid into your account—often within minutes.
7. Start repaying monthly: Fixed monthly repayments will begin as agreed. You can also make extra payments or settle early, with no penalty fees applied.

Taking a look at other available financial resources: Absa Personal Loan

If you are considering alternatives to the FNB Personal Loan, the Absa Personal Loan stands out with high loan limits of up to R350,000 and strong flexibility in repayment.

Whether your goal is to cover planned expenses or handle emergencies, Absa offers competitive interest rates, starting at 13.75% per annum, subject to affordability assessments.

Borrowers can tailor repayment terms from 12 to 84 months and benefit from a rate beat guarantee, ensuring one of the most competitive deals among personal loan companies.

Looking to see if Absa Personal Loan is the right fit? Check out our full article to make a confident decision for your future.