Temporary / ATM Loans

Temporary/ATM loans are available immediately into your account if you qualify and the application process is simply done using your banks ATM and no forms are required to be filled out.

Loan Information

Product Name FNB Temporary loan Absa ATM Loan
Loan amounts available R300 - R10,000 R250 - R2,000
Repayment period First 31 days will be interest free, thereafter a debit interest of 2% pm will apply Must be repaid with 35 days
Qualifying criteria You need to be aged between 18 and 63 and have more than R750 in your account each month after all bills are paid You must have an Absa account in good standing and earn a minimum of R2,000 per month.
Initiation Fee Up to 13% of the loan value 11,4% of the loan value