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For My Business

> R10m annual turnover

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For My Business

< R10m annual turnover

For My Business

> R10m annual turnover

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Financial planning

Overview

Smart Bond


Housing you can afford


Smart Bond is tailor-made for individuals earning a minimum gross monthly income of R3 500 and maximum of R25 000. For joint applications, each applicant should not earn more than R25 000 gross income.

What's hot


Support, knowledge + guidance

What it costs


Understand the costs involved


Property price

The bank may finance the total purchase price of your house (Ts & Cs apply).

Interest rate

Your interest rate will be determined by your individual credit risk profile

Monthly admin fee

R68. 40 incl.VAT

Initiation fee (once off)

R5 985 incl.VAT

Early termination fee

Without advance notice - up to 3 months interest will be charged

With advance notice - up to 3 months interest less period of settlement notice will be charged

Appyling made easy


How to get it

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Other ways to apply

Qualifying criteria

  1. Earning a minimum monthly income of R3 500 before deductions
  2. For joint applications, each applicant should not earn more than R25 000 before deductions
  3. South African citizen with a valid bar-coded ID document or smart ID card
  4. Formal/permanent employment with a minimum 12 months in current or previous employment
  5. Salary or wages paid into bank account by employer
  6. Bond repayment method will be deducted from your salary (if employer allows) or debit order

Documents needed

  • Latest payslip*
  • 3 months' bank statements (if not banking with with FNB)*
  • Property details (duly signed Offer to Purchase)

*For joint application dual documents are required