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LENDING SOLUTIONS

NMB PERSONAL LOAN

Sometimes you need rapid access to money but do not want to or cannot access your savings. In these cases, the personal loan is a good product for you.

 

Benefits

  • You can borrow up to 80% of the cash deposit in your account
  • Flexible repayment terms from 12 months to 60 months
  • Interest rate is charged on outstanding principal balance
  • The loan will be secured by customer's cash deposit.
  • No need for additional security
  • Affordable interest rate
  • The loan is insured in case of death or permanent disability
  • You can apply for a loan at any of our branches country wide

 

For whom

  • Your salary should be routed through NMB account
  • You should have a steady cash flow if you are self-employed
  • You should be on permanent or long term employment terms for those who are employed
  • You should have fixed deposit or bonus account which will be used as security/lien
  • You will need to have a security worth 125% of the loan amount
  • You should have a security to cover the loan such as a house (Legal Mortgage) or a Car (Chattel Mortgage)

 

Where to apply

If you are interested in this product, please contact your nearest NMB branch by clicking HERE.

 

SELL
  • USD: 2,285
  • GBP : 2,846
  • EUR : 2,468
  • JPY : 24
  • ZAR : 198
  • KES : 25
  • UGX: 0.7217
  • AUD: 1,765
  • CAD: 1,721
  • CHF: 2,302
  • CNY: 344
  • DKK: 345
  • NOK: 284
  • SEK: 274
BUY
  • USD: 2,165
  • GBP : 2,697
  • EUR : 2,338
  • JPY : 18
  • ZAR : 158
  • KES : 20
  • UGX: 0.5217
  • AUD: 1,665
  • CAD: 1,621
  • CHF: 2,202
  • CNY: 304
  • DKK: 305
  • NOK: 244
  • SEK: 234
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