FNB offers a Debt Protection Plan to assist you and your family to pay revolving loan (credit facility) debt in the event of your death or permanent disability. To ease the financial burden in the event of temporary disability or retrenchment, we will help pay your monthly instalments on the covered facilities.
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.
If you have paid 15% of your Revolving Loan you can simply transfer money to your Cheque Account using any digital channel, 24/7
You have the option to repay the facility faster and save on interest, but still have access to the funds when you need it (if you have paid back 15%)
Even when using more of your facility or the interest rate changes, making it easier for you to budget
No need for multiple store cards and loans, manage your cash flow by having one facility for all your purchases that you want to pay back over time
Pay for the things you need now, over time ,helping you manage your cash flow
In case of your death, permanent disability, unemployment/inability to earn an income or temporary disability
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