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Requirements for an NMB salary based loan
- Salary must have been coming through your NMB account for at least 3 months if you are not a civil servant. Civil servants can apply after receiving their salary for 1 month.
- Current Payslip
- Proof of residence
- Confirmation letter from employer
- Two passport size photos
Loan conditions of NMB Bank’s salary based loan
- Maximum amount to borrow
The maximum amount you can borrow is determined by your salary and is subject to the bank’s discretion.
- Interest rate
- Maximum repayment period
Your loan should be paid up in 60 months.