NMB Bank Professional Loan interest rate 2083
NMB Bank Professional Loan: effective rate 10.55%, EMI from Rs. 21,519 per month. Compare with 19 other banks.
#12 / 20 banksAwaiting verificationEffective from 1 Bhadra 2083
Rate breakdown
Base rate
6.48%
Premium
4.07%–5.4%
Effective rate
10.55%–11.88%
Fixed
Not offered
- Processing fee
- 0.75% (Min Rs. 2,000)
- Prepayment penalty
- 1.16%
- Loan amount
- Rs. 3 Lakh – Rs. 1 Cr
- Tenure
- 12 – 120 months
- Max financing
- —
- Age
- 21 – 65 years
Highlights
- Doctors, engineers, CAs, lawyers
- Clinic or office setup
- Equipment financing
Who is eligible
Professional council registration and 2 years practice.
Documents you will need
- Citizenship certificate (copy)
- 2 passport-size photos
- Latest 6 months bank statement
- PAN card
- Professional council registration
- Practice licence
NMB Bank Professional Loan FAQ
What is NMB Bank's current Professional Loan interest rate?+
NMB Bank's Professional Loan floating rate is base rate 6.48% plus a premium of 4.07% to 5.4%, giving 10.55% to 11.88% effective from Bhadra 2083.
What is the EMI on a Rs. 10 Lakh Professional Loan from NMB Bank?+
At 10.55% over 60 months, the EMI is roughly Rs. 21,519. Use the calculator above to change the amount or tenure.
Can I prepay a NMB Bank Professional Loan?+
Yes. The published prepayment charge is 1.16% of the outstanding balance. Confirm with the branch, as some banks waive it after a minimum period.