Personal loans are loans for private purposes granted to NBC customers, who have been employed permanently or on renewable contract basis by reputable / stable organizations.
- Minimum loan repayment is 6 months and maximum repayment is 36 months.
- Minimum loan amount is TShs. 300,000.00.
- Repayment is effected on a monthly basis from the borrowers’ monthly salary.
- Interest is calculated monthly based on loan outstanding balance.
- Availability of cash to meet your needs.
- Flexible and convenient repayment periods and amounts.
- Installments are small and affordable.
- In case of unforeseen events such as death, there is no debt burden to the borrower’s survivors as insurance takes care of the debt.
- You have access to the total range of NBC’s products.