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.