Pension-backed loan
Use a portion of your pension as security to improve your home through renovations, maintenance or purchase alternative energy and energy-saving solutions.
Use a portion of your pension as security to improve your home through renovations, maintenance or purchase alternative energy and energy-saving solutions.
The pension-backed loan is secured against your fund value. You may qualify for the loan if you are a member of the fund and there is an agreement in place between FNB, the fund and the employer.
Check with your employer as not all pension funds provide this benefit.