Loan amountR 1 000 – R 450 000
Repayment term66 / 72 months — confirm
Interest rate15.15–28.25%Fixed annual interest for long-term loans

What to know at a glance

Fixed interest; confirm repayment term. The published borrowing range starts at R 1 000. Approval and your final terms depend on the lender’s assessment.

Fees and the full cost

FNB publishes representative costs and product-specific insurance conditions. Example figures and promotional waivers are not universal prices.

Initiation fee
R1,207.50 where applicable in the R30,000 / 24-month example. Confirm your fee, VAT treatment and any Credit Switch or top-up waiver in the quote.
Monthly service fee
R69 per month in the representative example. VAT treatment is not explicit in that example.
Credit life / protection
The official FAQ requires cover for terms longer than seven months and permits suitable own cover. The Customer Protection Plan includes death, disability and qualifying loss-of-income protection, subject to conditions. R100 per month is the R30,000 / 24-month example premium, not a general tariff; the calculation basis needs confirmation.

Compare your total repayment as well as the monthly instalment. Ask for a written quote showing the exact rate, initiation fee, service fees and insurance applicable to you.

A detail worth checking

The official page conflicts: long-term pricing says 1–66 months, while a feature says up to 72. Term bounds remain unconfirmed and this product is excluded from specific-term results. Its separate short-term monthly rate is not applied to the R450,000 limit.

Before you apply

  • 18 or older; permanent South African resident
  • Permanently employed or self-employed
  • Income paid into a bank account
  • Supporting documents depend on whether you are an existing customer

What happens next?

The button takes you to FNB’s official product page. You decide whether to start an application there. The lender may request documents, obtain consent for credit checks and assess affordability.

Browsing Fairloan does not constitute an application. We do not collect your identity number, documents or contact details, and we cannot predict approval.

Sources and registration

Registration information published by the lender: NCRCP20. This is not a live registry verification. Check the NCR register and confirm the legal entity before applying.