NMB Bank Personal Loan interest rate 2083
NMB Bank's personal loan is priced at 6.95%–8.95% effective in Bhadra 2083: a 4.95% base rate plus a 2%–4% premium. That ranks 7th cheapest of the 13 commercial banks we track for this product. On Rs. 10 Lakh over 60 months the EMI is about Rs. 19,778, plus a 1% processing fee.
- Effective rate
- 6.95% – 8.95%
- Base rate
- 4.95%
- Premium
- 2% – 4%
- Processing fee
- 1%
- Maximum tenure
- 60 months
- Rank by rate
- 7 / 13
- Rates effective
- Bhadra 2083
Effective from: 1 Bhadra 2083Source: www.nmb.com.np/en/interest-rate
NMB Bank Personal Loan: effective rate 6.95%, EMI from Rs. 19,778 per month. Compare with 12 other banks.
Rate breakdown
Base rate
4.95%
Premium
2%–4%
Effective rate
6.95%–8.95%
Fixed
Not published
- 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 4.95% plus a premium of 2% to 4%, giving 6.95% to 8.95% effective from Bhadra 2083.
What is the EMI on a Rs. 10 Lakh Personal Loan from NMB Bank?+
At 6.95% over 60 months, the EMI is roughly Rs. 19,778. 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.
