Qualifications and Requirements
 Target Group Small and Medium Enterprises

 Requirements
 - 6 months business experience
 - Flexible collateral

Facility amount
 - K200,000 - K15,000,000,
 - 100% flexible collateral cover

Purpose
 - Working capital and or purchase of fixed asset

Interest rate
 36% for first time borrower and 33% for second time borrower

Term
 6 to 24 months

 Characteristics
 Flexible collateral

 Features
 Can get parallel loan after good repayment history

 Availability
 Blantyre, Lilongwe and Mzuzu

Benefits
 Flexible collateral for loans below K750,000.00 (eg. Stock and home equipment)

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.

 
Read More