The NMB Pensioner's loan was developed to assist pensioners in managing short term cash shortages.
There is sometimes a sudden need for cash, either before the pension payment comes in or for an amount higher than the monthly pension.
It helps pensioners to access more funds than available from their monthly pension payments.
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 pensioner's loans shall be repaid over a period not exceeding 4 months, in equal monthly installments
The pensioner loan is available to all pensioners who receive their pension payments in their NMB account
How to apply
Just visit the branch your pension payments are deposited into, or open an account for pension payments at your nearest NMB bank.
Where to apply