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 Police Wives Account (POWA).

This product is aimed at assisting police wives to augment their working capital and enhance their businesses.

NPMB Children Education Support Account
This product is designed to assist parents and guardians build a future for their children by saving for their educational needs. 

Features:
It is operated by the parents or guardians until the child is age 18yrs.
Annual Raffle Draw (Star Prize – All expense paid vacation for two(2) within the country)
Annual/End-Of-Year Children Party
It is operated by the parents or guardians until the child is age 18yrs.
Accounts with minimum balance of N250, 000.00 as at 31st January qualifies for raffle draw.

Benefits:
Concessionary charges on purchase of Bank draft for school fees so long as minimum balance exceeds N100,000.00
Can be used by parents as  a collateral after one year of successful operation
Serves as a dependable Pool of Fund to cushion unforeseen financial demands on Parents.
Loan for School fees up to N200,000

What to do:
Open an account with initial deposit of N5,000
Build a relationship with the bank for minimum of Six (6) months.
Maintain regular cash inflow into the account and qualify for loan up to 70% of Child’s School fees .

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.