Overdraft Facility
Thank you for getting in touch with us. Please note that at the moment we do not have the facility for individual account holders. However, we offer salary-based loans with the following terms and conditions:
• salary has to be coming through NMB Bank
• Interest rate of 69%
• Maximum tenor 18months
• Multiplier - 6times net salary (maximum of ZWL500,000.00)
• Admin fees- 5%
• Insurance - 1% per year
We require the following documentation:
• Loan form
• Copy of ID
• current payslip
• 1 passport photo
• letter of undertaking from the employer
• Current proof of residence
• contract of employment.
Should you require further clarity do not hesitate to get in touch with us.
Kind regards
NMB Bank