Through EasyPlan, FNB is able to offer loans from as little as R250 – opening its doors to consumers who never qualified for formal credit and enabling them to start building their credit profiles so that they can qualify for bigger loans in the future.

According to FNB the EasyPlan business model is based on consumer empowerment and to achieve this, it is using technology to bring electronic based banking to its customers.

Notably, the bank is seeing a significant increase in the use of its Advance ATMs – ATMs with a ‘real time card-less cash-deposit-facility’ which enable customers to deposit cash to pay for rental, municipal and retailers’ accounts at their own convenience. The Advance ATMs are popular with informal traders who deal with large amounts of cash on a daily basis.

Easy Account

• The lowest monthly fee from R3.95 per month
• ATM withdrawals, deposits and payments at only R2.95 per transaction
• You receive a Gold Debit Card to transact safely without the need for cash
• Less bank charges when your salary is paid into an Easy Account

Easy Loan

• Loans from R250 to R120 000 paid out within 10 minutes
• Easy repayment period of 1 – 60 months
• Loan insurance cover – in the event of death, retrenchment, dread disease as well as temporary and permanent disability
• Weekly/ fortnightly earners do qualify for Easy Loans

Easy Funeral Cover

• Basic cover for you, your spouse and up to 8 children
• R5 000 cover for up to 8 children on the Family Package
• Claims paid out within 48 hours into your bank account
• Additional cover available for extended family members
• Package options to suit your needs

Easy 32 day Interest Plus

• Interest increases after 32 days and then after 64 days
• Place notice and access funds in 32 days
• Add money into the account anytime
• Set up regular payments into the account