NMB Bank Business Loan interest rate 2083
NMB Bank Business Loan: effective rate 9.09%, EMI from Rs. 20,802 per month. Compare with 19 other banks.
#7 / 20 banksAwaiting verificationEffective from 1 Bhadra 2083
Rate breakdown
Base rate
6.48%
Premium
2.61%–3.54%
Effective rate
9.09%–10.02%
Fixed
10.59%–12.02%
- Processing fee
- 1% (Min Rs. 5,000)
- Prepayment penalty
- 1.77%
- Loan amount
- Rs. 5 Lakh – Rs. 10 Cr
- Tenure
- 12 – 120 months
- Max financing
- 6%
- Age
- 21 – 65 years
Highlights
- Working capital and term loan
- SME subsidised schemes
- Overdraft option
Who is eligible
Registered firm with PAN/VAT and 1 year audited or tax-filed accounts.
Documents you will need
- Citizenship certificate (copy)
- 2 passport-size photos
- Latest 6 months bank statement
- PAN card
- Business plan or projection
- Collateral papers
NMB Bank Business Loan FAQ
What is NMB Bank's current Business Loan interest rate?+
NMB Bank's Business Loan floating rate is base rate 6.48% plus a premium of 2.61% to 3.54%, giving 9.09% to 10.02% effective from Bhadra 2083.
What is the EMI on a Rs. 10 Lakh Business Loan from NMB Bank?+
At 9.09% over 60 months, the EMI is roughly Rs. 20,802. Use the calculator above to change the amount or tenure.
Can I prepay a NMB Bank Business Loan?+
Yes. The published prepayment charge is 1.77% of the outstanding balance. Confirm with the branch, as some banks waive it after a minimum period.