Avail financing upto Rs. 3 million against your salary.
Lowest Mark-up Rate
Easy installments of upto 60 months at your choice.
Quick processing and fast disbursement.
No minimum income, colleteral & insurance charges required
For permanent employees of Government, Semi Government and autonomous bodies receiving salaries through NBP
Online Application Form
Terms and Conditions
NBP Advance Salary is for NBP Account Holders who are:
Permanent Employees of Federal / Provincial / Semi Government & Autonomous Bodies receiving salaries through NBP..
Up to 20 net take home salary can be availed, which should not exceed the maximum limit of Rs.3,000,000/-.
Maximum tenure of the NBP Advance Salary Finance is 5 years (60 months).
Maximum age of the borrower at the time of maturity of the finance should not exceed 59 years and six months.
For further information please contact concerned NBP Branch.
Q. What is NBP Advance Salary Loan?
A. NBP Advance Salary is a personal loan that provides financing facility to the salaried individuals for payment of personal needs & expenses.
Q. Who can apply for NBP Advance Salary Loan?
A. NBP account holders who are permanent employees of the federal/provincial government, semi government & autonomous bodies and receiving their salaries through NBP can avail this loan.
Q. What is the Age Criteria for NBP Advance Salary?
A. Maximum age of the customer at the time of maturity of the finance should not exceed 59 years and six months.
Q. Is there any minimum income and collateral requirement to apply for NBP Advance Salary?
A. No minimum income & Collateral requirement.
Q. What is the maximum limit of NBP Advance Salary Loan?
A. You can avail a maximum limit up to Rs.3,000,000/-, subject to debt burden requirement i.e. not more than 50% of the net disposable income.
Q. What is the tenure for NBP Advance Salary Loan and What is the mode of repayment?
A. Flexible tenure maximum up to 5 years and monthly installments will directly be recovered by debiting your Salary Account maintained with NBP.
Q. Is there any requirement of References?
A. Yes, two references of work colleagues are required (same or higher grade). The references may have their salary account in any bank.
Q. What is the applicable mark-up rate on NBP Advance Salary?
A. Mark-up rate @ 18% Fixed (per annum).
Q. Can I avail Rollover/Enhancement Facility? Is there any benefit for existing customers?
A. Yes, the existing Advance Salary customers can avail the Rollover/Enhancement facility with good repayment history at any time on a reduced markup rate.
Q. What is the processing Fee/other Charges for NBP Advance Salary?
A. The charges will be the following:
For Fresh Customers: Rs.2000/- or 2% of loan amount whichever is higher, subject to maximum ceiling of Rs.20,000/-
For Rollover Customers: Rs.2000/- or 2% of net fresh/enhanced amount whichever is higher, subject to maximum ceiling of Rs.20,000/-
Actual to the Verification Agency
Q. How can I apply?
A. Visit your NBP Branch where you are maintaining your Salary Account and ask for the Application Form and documents requirement.
Please contact your nearest NBP Branch for full details and to register for NBP Advance Salary