Other Products

other products

We offer range of products that are designed to meet your needs.

NPMB Rent Advance
This Product is aimed at assisting both individuals and corporate bodies meet their rental obligations as and when due. It offers an opportunity to adequately spread rental payment and therefore, assist in cash flow planning.

Features:
Maximum rental amount – N1 Million
Maximum repayment tenor of One (1) year.
Provision of 12 post dated cheques for repayment
Must have operated account for a minimum of 3 months.

What to do:
Open a NPMB current Account
Have a satisfactory evidence of regular flow of income to guarantee loan repayment.
Minimum Equity contribution of 20%
Letter of introduction from employer stating present position and annual emolument
Guarantee letter from a reputable citizen

NPMB Salary Advance.
The NPMB Salary advance is aimed at providing temporary financial relief to salary earners. This enables individual salary earners to have access to as much as 70 – 80 % of their monthly income in advance subject to a maximum limit of N 200,000.00
Features:
Guarantor’s letter from the employer is required
Customer must be a confirmed staff of an organization.
Provision of post dated cheques
Maximum tenor of six months

NPMB Household Equipment Account
House hold equipment Scheme is specially designed to enable customer acquire or replace their house hold equipment, such as Generator set, Refrigerators, and other Electronic Appliances etc.

Features:
Maximum repayment tenor of 90 days.
Domiciliation of  Salary or Provision of 3 post dated cheques for repayment.

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