FNB’s Temporary Loan is a convenient short-term credit solution if you’re facing unexpected expenses. With amounts up to R10,000, there’s no need for paperwork, and you could access funds instantly if you qualify. Best of all, if you repay within 31 days, you won’t pay a cent in interest—making this an attractive offer for urgent cash needs.

The application process is streamlined through the FNB App, Cellphone Banking (by dialing *120*321#), or through Online Banking. There is no lengthy approval or documentation required. Approval depends on your credit profile and your relationship with the bank, but pre-approval checks can be done instantly in-app.

How to Apply for FNB’s Temporary Loan

1. Open the FNB App, or log in online or dial *120*321# on your cellphone.
2. Check if you’re pre-approved by following the loan prompts.
3. Submit your application—no paperwork needed.
4. If approved, the funds are transferred into your FNB account immediately.

Loan Pros

Chief among the advantages is the interest-free period: repay in 31 days and you pay back exactly what you borrowed. The entire process can be handled digitally—perfect if you need money fast.

Additionally, there’s no paperwork required, and the bank doesn’t add hidden fees for early repayment. This makes budgeting simple and transparent.

Loan Cons

The main drawback is the relatively small borrowing limit, capped at R10,000. This may not be suitable for those needing larger loans.

Also, if you do not repay within the 31-day interest-free period, fees and interest may apply, which could make the loan more expensive.

Verdict

FNB’s Temporary Loan is a great fit if you need fast, small-scale credit and can pay it back within a month. The application is simple, and the conditions are fair for short-term lending.

Consider your repayment ability before applying to ensure you maximise the interest-free benefit and avoid extra costs.