ADVERTISEMENT
ADVERTISEMENT Install Our App
Magazine

FNB Student Loan Application Criteria & Documents Required

ADVERTISEMENT

An FNB Student Loan offers you the help you need. Reach your potential while enjoying the benefit of a personalised interest rate and an interest only repayment, for a 12 month period.

Features and benefits

An FNB Student Loan can be used for tuition fees, accommodation, equipment, other study material and devices.

Loan amount

  • Get personalised credit of up to R300 000 to help fund your studies.

Personalised interest rate

  • Personalised interest rate from a minimum of 6.50% (prime less 0.5%) and maximum of 11.50% (prime plus 4.5%) based on your credit/risk profile.

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

ADVERTISEMENT

Qualifying criteria For FNB Student Loan

  • 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

Documents required

Documents required for an FNB customer

  • Proof of enrolment from the educational institution / proof of registration
  • Student ID

Documents required 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

For more information visit official website FNB Student Loanย 

ADVERTISEMENT

ADVERTISEMENT Join Us Telegram

Admin

Iam author of this website all about job advertisement, Scholarships And Other Education News You can also join us in our social media

SIMILAR POSTS

Back to top button

Adblock Detected

Please consider supporting us by disabling your ad blocker