Sunday, September, 05, 2010

Pensioners Loan

The pensioners loan was developed to assist pensioners in managing short term cash shortages.

What is it?

This loan facility helps pensioners to access more funds than available from their monthly pension payments.

There is sometimes a sudden need for cash, either before the pension payment comes in or for an amount higher than the monthly pension. In these cases the pensioners loan could be the loan for you.

The loan is processed quickly and easily accessible. There is no need for security.

The maximum loan size is 2.5 times the monthly pension payment amount, and all pensioners loans shall be repaid over a period not exceeding 4 months, in equal monthly instalments

For whom?

The pensioner loan is available to all pensioners that receive their pension payments in their NMB account

How to buy?

Just visit the branch your pension payments are deposited into, or open an account for pension payments at your nearest NMB bank.

Where to buy?

If you are interested in this product, please contact your nearest NMB branch. You can use the branch finder on this website to find the one closest to you