NMB Bank Personal Loan interest rate 2083
NMB Bank Personal Loan: effective rate 11.07%, EMI from Rs. 21,777 per month. Compare with 19 other banks.
#11 / 20 banksAwaiting verificationEffective from 1 Bhadra 2083
Rate breakdown
Base rate
6.48%
Premium
4.59%–6.18%
Effective rate
11.07%–12.66%
Fixed
Not offered
- Processing fee
- 1% (Min Rs. 1,000)
- Prepayment penalty
- 1.43%
- Loan amount
- Rs. 1 Lakh – Rs. 50 Lakh
- Tenure
- 12 – 60 months
- Max financing
- —
- Age
- 21 – 65 years
Highlights
- No collateral for salaried
- Disbursement in 3 to 7 days
- Flexible use
Who is eligible
Salary account with the bank or salary certificate from a registered employer required.
Documents you will need
- Citizenship certificate (copy)
- 2 passport-size photos
- Latest 6 months bank statement
- PAN card
NMB Bank Personal Loan FAQ
What is NMB Bank's current Personal Loan interest rate?+
NMB Bank's Personal Loan floating rate is base rate 6.48% plus a premium of 4.59% to 6.18%, giving 11.07% to 12.66% effective from Bhadra 2083.
What is the EMI on a Rs. 10 Lakh Personal Loan from NMB Bank?+
At 11.07% over 60 months, the EMI is roughly Rs. 21,777. Use the calculator above to change the amount or tenure.
Can I prepay a NMB Bank Personal Loan?+
Yes. The published prepayment charge is 1.43% of the outstanding balance. Confirm with the branch, as some banks waive it after a minimum period.