FNB revolving loan is a rolling facility that is linked to your active FNB Cheque / transactional account which gives access to funding 24/7 without having to reapply for a facility for every expense.
This is a facility that will help you manage your cash flow and budget quite easily.
FNB has even made it easier to apply for a revolving loan, but there are certain criteria which you need to meet:
- You must be an FNB customer with an active FNB Cheque Account or Easy Account
- You must be 18 years and older
- You must be a South African Citizen or Permanent Residence with South African ID
- Pass affordability and credit scoring assessment
- Green bar-coded South African ID/new ID card
- Latest 3 months’ statements/3 months’ payslips
- Proof of residence
- Spousal consent (if married in community of property)