NBP Advance Salary Loan Scheme 2024

We have provided you with information on the most recent National Bank NBP advance salary loan scheme application form for 2024 as well as an installment calculator and the markup interest rate. We will also share details of the terms and conditions applicable to this scheme. The National Bank of Pakistan advance loan scheme 2024 is a possibility available to employees of the government. The National Bank of Pakistan Loan Scheme is an ideal chance for regular and service workers who plan to receive some cash advance. It is among the top public banks in Pakistan and offers various loans for NBP bank account holders, federal employees, and semi-government workers as well as employees of the Armed Forces.

Nbp Advance Salary Loan Online Apply

Under this scheme, the employees can receive up to 20 salaries in advance. The financial aid will be offered without any assurance of assets, and there is no salary cap. People who have already taken advantage of the loan program will be eligible for special discounts in the amount of markup.

NBP Advance Salary Loan Scheme 2024 Apply Online

Avail financing up to 3 million against your salary via the NBP Advance Salary scheme. People who are the permanent vocals of the National Bank of Pakistan we have good news for all of them as we are going to inform them NBP Advance Salary Loan 2024 scheme is being introduced. All Govt. employees who served their duties as a permanent employee of the Pakistan Govt. pay attention to this article yet they can get this loan issued to the NBP officials. The application form for this loan as well as calculations related to this fundamental available here at “Educated.pk”.

Advance Salary Application Form for Govt Employees Salary Loans NBP

Have a look at NBP workouts as well as 2024 Loan scheme assumptions. Dear if you are a Permanent Government worker at BPS 17 or above this scale so dear you don’t have any need to worry about your loan. In this scheme eligibility criterion for this loan settled by officials is that Govt. employees above 17 grades will be able to get this loan.  As looking favorite manners NBP is one of the best banking services in Pakistan.

NBP Advance Salary Loan Advertisement 2024

Dear visitors, you all can download the NBP 2024 Advance Salary Loan Scheme application form on the official web page of NBP while on the other hand, you can easily access that form by standing there at “Educated.pk”. You must staple 2 CNIC copies and salary sheets along with this form and submit this form by visiting your nearest NBP branch.

NBP advance salary online apply

QUESTION:  What is NBP Advance Salary Loan?
ANSWER:  NBP Advance Salary is a personal loan that provides a financing facility to salaried individuals for payment of personal needs & expenses.

QUESTION:  Who can apply for an NBP Advance Salary Loan?
ANSWER:  NBP account holders who are permanent employees of the federal/provincial government, semi-government & autonomous bodies and receiving their salaries through NBP can avail of this loan.

QUESTION:  What is the Age Criteria for NBP Advance Salary?
ANSWER: The maximum age of the customer at the time of maturity of the finance should not exceed 59 years and six months.

QUESTION:  Is there any minimum income and collateral requirement to apply for NBP Advance Salary?
ANSWER:  No minimum income & Collateral requirement.

QUESTION:  What is the maximum limit of NBP Advance Salary Loan?
ANSWER:  You can avail of a maximum limit of up to Rs.3,000,000/-, subject to debt burden requirement i.e. not more than 50% of the net disposable income.

QUESTION:  What is the tenure for NBP Advance Salary Loan and What is the mode of repayment?
ANSWER:  Flexible tenure maximum up to 5 years and monthly installments will directly be recovered by debiting your Salary Account maintained with NBP.

QUESTION:  Is there any requirement for References?
ANSWER:  Yes, two references of work colleagues are required (same or higher grade). The references may have their salary account in any bank.

NBP Advance Salary Loan markup rate 2024

QUESTION:  What is the applicable mark-up rate on NBP Advance Salary?
ANSWER:  Mark-up rate @ 18% Fixed (per annum).

QUESTION:  Can I avail Rollover/Enhancement Facility? Is there any benefit for existing customers?
ANSWER:  Yes, the existing Advance Salary customers can avail of the Rollover/Enhancement facility with a good repayment history at any time on a reduced markup rate.

QUESTION:  What is the processing Fee/other Charges for NBP Advance Salary?
ANSWER:  The charges will be the following:

Processing Fee:

For Fresh Customers: Rs.2000/- or 2% of the loan amount whichever is higher, subject to a maximum ceiling of Rs.20,000/-

For Rollover Customers: Rs.2000/- or 2% of net fresh/enhanced amount whichever is higher, subject to a maximum ceiling of Rs.20,000/-

Verification Charges:
Actual to the Verification Agency

Documentation Charges:
At Actual

QUESTION:  How can I apply?
ANSWER:  Visit your NBP Branch where you are maintaining your Salary Account and ask for the NBP Advance Salary Loan Application Form and documents requirement.

NBP Student Loan Scheme 2024