Qualifications and Requirements
 Target Group Salaried employees with a salary account with the bank.

Requirements
 - 3 months payslip
 - Letter of salary undertaking or loan deduction from the employer
 - Must have worked for at least 3 years with the employer

Loan amount
 Up to 3 times gross salary

Purpose

 Personal consumption (i.e. Purchase of personal needs such as fridges, cookers,dining set, bedroom set, sofas, holiday, etc).

Interest rate
 Risk Based

Term
 36 months, maximum

Characteristics
 - Early redemptionpermissible
 - Prepayment allowed.

Additional features
 - Loan re-advance after 12months repayment allowance
 - Interest payment can be on annuity or linear basis.

Availability
 All branches of NBS Bank

Benefits
 - Allows you to finance your consumer needs through salary deductions
 - Allows you to shorten your long term finance needs.

Coronavirus (COVID-19) Update

NBS Bank plc would like to assure all customers that it has business continuity plans that are in place to ensure an appropriate response to any situation that can cause a distruption to the business, including the COVID-19 Outbreak.

 
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