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  • Affordable Repayment Terms
  • Low-interest starting from 10.5%
  • Competitive Interest Rates

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FNB homepage
Author FNB. Screenshot of FNB website.
[Accessed May 11, 2023]

About FNB

More than 180 years ago in a small town in the Eastern Cape called Grahamstown, the story of South Africa’s largest bank began. They grew from humble beginnings to the successful financial institution known today as FNB.

A history to be proud of

FNB’s history is rich and tells a story of conquering circumstances and emerging stronger. During the years they’ve been faced with many challenges and by staying true to their founding roots, they’ve overcome each one.

FNB has a strong focus on the environment

FNB is serious about the environment and has policies in place covering two wide areas.

  • The environmental health and safety policy governs the impact FNB has on the environment on a daily basis.
  • The environmental risk policy governs FNB’s indirect impact on the environment with regard to responsible lending and business development.

The community matters to FNB

FNB values the communities they operate in and have become involved in a number of projects that help its communities. Some of these projects include:

  • The FNB Corporate Social Investment Fund makes donations to projects that benefit the community.
  • FNB has an arrangement with Mondi Paper to recycle their paper. The profits made from the recycling are donated to Mondi’s CSI initiatives like SPCA and Hospice.
  • Many of FNB’s branches donate their recyclable materials to local recycling projects.
  • Some of FNB’s branches donate their used paper to local artists.

Saving for a sustainable future

FNB strives to create awareness around water and energy conservation for a sustainable future for everyone. Through training and internal communications, they aim to educate employees about water and energy-saving methods.

They regularly take water readings to identify excessive use and investigate how to reduce usage and implement strategies to save this valuable resource.

FNB Services

FNB is not only South Africa’s oldest bank but also one of the country's largest banking institutions. They offer a comprehensive range of products and services that makes them a one-stop shop for all your financial needs.

FNB’s market-leading services

  • Bank accounts
  • Credit cards
  • Digital banking
  • Financial planning
  • Business accounts
  • Home loans
  • Personal loans
  • Student loans
  • Vehicle finance

FNB property finance services and products

  • Home loans at fixed and/or variable rates
  • Building loans
  • Loans for renovations
  • Investment property finance
  • Commercial finance
  • Shari’ah property finance
  • The option to switch to FNB

The FNB home loan

Many people that purchase their first homes don’t have cash on-hand and opt for a home loan. With an FNB home loan, you can access financing that can be repaid over 20 years. They give you the option of fixed or variable interest rates.

The interest rate you’re offered will depend on your credit score and risk profile.

FNB collective buying

One of the most unique features offered by FNB is its collective buying option. This allows you to purchase a property and split the costs with up to twelve family members.

This allows you to purchase a higher-value property since you’ll qualify for a larger loan amount. It also has the added benefit of lowering your monthly repayment since it’s split between multiple people.

Pension-backed home loans

If you’re a Fund member and there are relevant agreements and terms in place, you can apply for an FNB home loan secured against your fund value.

FNB – Home Loan

  • Loan Type Home Loans
  • Interest Rate from 10.5%

Benefits of FNB

  • Track your application
  • Competitive interest rates
  • Affordable repayment terms

How to obtain a home loan from FNB

If you’re an existing FNB customer you can log into your online banking or use the FNB app to apply via the “nav’ tab.

How to apply as a single individual

If you earn more than R125,000 per month and are applying as a single individual you can obtain a 20-year home loan at a competitive interest rate. You can earn 50% of your first bond payment in eBucks.

You can apply by contacting your private banker, using the FNB app or logging in to your online banking profile. You can also benefit from the ability to withdraw from your home loan account.

Documents you may need for your home loan application:

  • South African ID/Smart card/Valid passport stating South African residency
  • Valid work/retirement permit
  • Any proof of your current address not older than 3 months
  • The last six month’s bank statements
  • Latest payslips
  • Divorce and/or marriage certificate
  • Your signed Offer to Purchase

Enjoy eBucks rewards and reduced bond registration fees

When taking out an FNB home loan you can enjoy eBucks rewards and the benefit of a bond registration fee discount.

Termination fees are typical among bond providers and can be costly. With FNB you can cancel your bond without incurring a termination penalty which is common amongst creditors.

Before searching for a property or applying for a home loan you should do the math. You can use FNB’s loan calculators to determine how much you can afford to spend on a property and what your bond repayments will look like. You can also get an idea of how much money you’ll need to save to cover expenses such as bond registration and transfer fees.

You can also use the FNB app to conduct research on the best areas to purchase a property. If you’re an existing homeowner, FNB can help you through the process of selling. They don’t charge a home loan early cancellation fee.

Financial education with a difference

FNB aims to help you get to grips with everything related to home loans before you dive in and start searching for the perfect home. They have detailed information on the home-buying process from doing the math to moving in.

An overview of the bond registration process

Once your home loan application is processed, FNB will instruct their attorney to register the bond against your property.

The person you’re buying from will have to instruct their chosen conveyancer to transfer the property to your name. The bond and transfer lawyers will communicate and exchange guarantees.

After transfer, documents are signed and you’ve paid the transfer costs, FNB’s attorneys will prepare the bond documents and lodge them at the deeds office. After two to three months your home will be registered in your name.

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FNB is a trusted & reliable provider of home loans

In our review, FNB adheres to the compliance criteria in accordance with the National Credit Act, where the granting the loan will not cause financial distress to the consumer.

✅ FNB is a registered credit provider in South Africa: NCRCP20

FNB Contact

Physical Address

  • 15 Pickering St, Newton Park Port Elizabeth Eastern Cape 6055 South Africa
  • Get Directions

Opening Hours

  • Monday 08:00 – 17:00
  • Tuesday 08:00 – 17:00
  • Wednesday 08:00 – 17:00
  • Thursday 08:00 – 17:00
  • Friday 08:00 – 17:00
  • Saturday 08:00 – 14:00
  • Sunday 08:00 – 14:00