1 23000017775 2017-03-07T11:35:55+02:00 Loans FAQs 23000027692 false Frequently Asked Questions 1 2017-03-07T11:35:55+02:00 1 1 2017-03-07T11:37:33+02:00 69 240 NMB is offering two personal loan types, a salary advance loan and a personal loan.  1. NMB Salary Advance NMB Bank offers salary advances to individual clients employed by companies in the NMB approved schemes who have received their salaries through the bank for a minimum of three months. 2. NMB Personal Loan NMB Bank offers personal loans to account holders who would have received their salaries through the bank for a period of at least three months.  Civil servant can apply for personal loans online by simply dialing the USSD *241#  <p><strong><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;">NMB is offering two personal loan types, a salary advance loan and a personal loan.&nbsp;</span></span></strong></p><p><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;"><br></span></span></p><p><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;"><strong dir="ltr">1. NMB Salary Advance</strong></span></span></p><p><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;"><br></span></span></p><p><span style="font-size: 14px;"><span dir="ltr" style="font-family: Arial,Helvetica,sans-serif;">NMB Bank offers salary advances to individual clients employed by companies in the NMB approved schemes who have received their salaries through the bank for a minimum of three months.</span></span></p><p><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;"><br></span></span></p><p><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;"><strong dir="ltr">2. NMB Personal Loan</strong></span></span></p><p><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;"><br></span></span></p><p><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;">NMB Bank offers personal loans to account holders who would have received their salaries through the bank for a period of at least three months.&nbsp;</span></span></p><p><br></p><p><span dir="ltr"><font><span dir="ltr" style="font-size: 14px;">Civil servant can apply for personal loans online by simply dialing the USSD *241#&nbsp;</span></font></span></p><p><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;"><br></span></span></p><p><span dir="ltr" style="font-family: Arial, Helvetica, sans-serif; font-size: 14px;"><a href="http://www.nmbz.co.zw/branches/"></a></span></p><p><br></p> 23000027692 3700 23000005107 2021-08-31T02:22:18+02:00 23009127378 1 2 69 240 Does NMB Bank offer Personal Loans 2021-08-31T02:22:18+02:00 23001948266 1 2018-08-09T16:48:39+02:00 28 26 Kindly visit any of our branches for assistance. Please follow this link for our branch locations and contact details https://nmbz.co.zw/branches/ <p style="margin-bottom: 8pt; margin-left: 0cm; line-height: 107%; font-size: 15px; font-family: Calibri, sans-serif;"><span style="font-family: Arial, Helvetica, sans-serif; font-size: 14px;">Kindly visit any of our branches for assistance. Please follow this link for our branch locations and contact details <a href="https://nmbz.co.zw/branches/?fbclid=IwAR2Vs9MA6st3YxJKFiro17Mc0YxjAFp7VyB0jTrJ_0qgzPe96aHwsDpmqiU" target="_blank">https://nmbz.co.zw/branches/</a></span></p><p><br></p> 23000027692 709 23000015781 2020-07-17T14:02:49+02:00 23001948266 2 2 28 26 How can I access a Loan Top Up? 2021-08-26T12:25:37+02:00 23000803948 1 2017-04-14T12:33:44+02:00 10 19 Please contact our experienced team of Relationship Managers on telephone numbers:  0242 775150-2 or email CorporateBankingManagers@nmbz.co.zw  or SMEBankingDepartment@nmbz.co.zw <p><span style="font-family: Arial, Helvetica, sans-serif; font-size: 14px;">Please contact our experienced team of Relationship Managers on telephone numbers:  0242 775150-2 or email CorporateBankingManagers@nmbz.co.zw  or SMEBankingDepartment@nmbz.co.zw</span></p><p><br></p> 23000027692 606 23000006570 2020-07-17T14:07:57+02:00 23001948266 3 2 10 19 How can I access business finance? 2020-07-17T14:07:58+02:00 23000803948 1 2018-01-02T10:02:54+02:00 7 2 Kindly view the attached brochure for more information. <p><span style="font-family: Arial, Helvetica, sans-serif; font-size: 14px;"> Kindly view the attached brochure for more information.</span></p> 23000027692 387 23000012524 2020-07-17T14:08:50+02:00 23001948266 4 2 7 2 How can I access Agribusiness Finance? 2020-07-17T14:08:50+02:00 23000803948 1 2017-03-07T11:40:22+02:00 3 4 NMB Bank offers mortgages for the purchase of residential and commercial properties as well as home extensions and improvements. Home improvements may include but are not limited to, boreholes, driveways, swimming pools, perimeter walls, electric gates, solar lighting and heating systems.  The Property Remortgage or Equity Release enables a person with a fully paid for residential property to apply for a loan leveraged against the value of that property. The loan can be used for investment purposes and other related business ventures. We offer mortgages under the employer-assisted scheme, where advances are given to employees against their employer's investments with the bank. Loans under this scheme are offered at significantly lower interest rates. In addition, no deposit is required. For more information.Kindly contact our Mortgages department on  Mortgages@nmbz.co.zw Download the application form here. <p><span style="font-family: Arial, Helvetica, sans-serif; font-size: 14px;">NMB Bank offers mortgages for the purchase of residential and commercial properties as well as home extensions and improvements. Home improvements may include but are not limited to, boreholes, driveways, swimming pools, perimeter walls, electric gates, solar lighting and heating systems. </span></p><p><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;"><br></span></span></p><p><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;">The Property Remortgage or Equity Release enables a person with a fully paid for residential property to apply for a loan leveraged against the value of that property. The loan can be used for investment purposes and other related business ventures.</span></span></p><p><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;"><br></span></span></p><p><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;">We offer mortgages under the employer-assisted scheme, where advances are given to employees against their employer's investments with the bank. Loans under this scheme are offered at significantly lower interest rates. In addition, no deposit is required. For more information.Kindly contact our Mortgages department on  <a href="mailto:Mortgages@nmbz.co.zw">Mortgages@nmbz.co.zw</a></span></span></p><p><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;"><br></span></span></p><p><span style="font-family: Arial, Helvetica, sans-serif; font-size: 14px;">Download the application form <a href="http://www.nmbz.co.zw/forms/">here</a>.</span></p><p><br></p><p><br></p><p><br></p><p><br></p><p><br></p><p><br></p> 23000027692 300 23000005108 2020-07-17T14:12:25+02:00 23001948266 5 2 3 4 I want to know more about employer-assisted mortgage scheme 2020-07-17T14:12:25+02:00 23000191250 1 2017-03-07T11:45:37+02:00 4 24 NMB Bank offers mortgages for the purchase of residential and commercial properties as well as home extensions and improvements. Home improvements may include but are not limited to, boreholes, driveways, swimming pools, perimeter walls, electric gates, solar lighting and heating systems. Employer-assisted Mortgage Scheme NMB Bank offers mortgages under the employer-assisted scheme, where advances are given to employees against their employer's investments with the bank. Loans under this scheme are offered at significantly lower interest rates. In addition, no deposit is required. Property Remortgage or Equity Release This product enables a person with a fully paid for residential property to apply for a loan leveraged against the value of that property. The loan can be used for investment purposes and other related business ventures. Dream House Savings Account This is a Mortgage lending related product suited for individuals who want to save towards the 25% deposit requirement for a Mortgage loan.Upon raising the required deposit through the Dream House Savings account, one can then apply for a Mortgage loan which is subject to the relevant terms and conditions. It is a zero cost account with no withdrawal fees and monthly service fees. The account should have a minimum balance of US$50, and regular deposits should be made into it. The minimum investment period before any withdrawals can be made is 12 months. An Interest rate of up to 7% p.a is earned on an incremental balance basis and capitalised monthly. This means that you earn more interest on a higher balance. For more information Kindly contact our Mortgages department on Mortgages@nmbz.co.zw Download the application form here. <p><span style="font-family: Arial, Helvetica, sans-serif; font-size: 14px;">NMB Bank offers mortgages for the purchase of residential and commercial properties as well as home extensions and improvements. Home improvements may include but are not limited to, boreholes, driveways, swimming pools, perimeter walls, electric gates, solar lighting and heating systems.</span></p><p style="text-align: center;"><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;"><br></span></span></p><p style="text-align: left;"><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;"><strong>Employer-assisted Mortgage Scheme</strong></span></span></p><p style="text-align: left;"><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;"><br></span></span></p><p><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;">NMB Bank offers mortgages under the employer-assisted scheme, where advances are given to employees against their employer's investments with the bank. Loans under this scheme are offered at significantly lower interest rates. In addition, no deposit is required.</span></span></p><p><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;"><br></span></span></p><p><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;"><strong>Property Remortgage or Equity Release</strong></span></span></p><p><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;"><br></span></span></p><p><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;">This product enables a person with a fully paid for residential property to apply for a loan leveraged against the value of that property. The loan can be used for investment purposes and other related business ventures.</span></span></p><p><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;"><br></span></span></p><p><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;"><strong>Dream House Savings Account</strong></span></span></p><p><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;"><br></span></span></p><p><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;">This is a Mortgage lending related product suited for individuals who want to save towards the 25% deposit requirement for a Mortgage loan.Upon raising the required deposit through the Dream House Savings account, one can then apply for a Mortgage loan which is subject to the relevant terms and conditions.</span></span></p><p><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;"><br></span></span></p><p><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;">It is a zero cost account with no withdrawal fees and monthly service fees. The account should have a minimum balance of US$50, and regular deposits should be made into it. The minimum investment period before any withdrawals can be made is 12 months. An Interest rate of up to 7% p.a is earned on an incremental balance basis and capitalised monthly. This means that you earn more interest on a higher balance.</span></span></p><p><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;"><br></span></span></p><p style="margin-bottom: 8pt; margin-left: 0cm; line-height: 107%; font-size: 15px; font-family: Calibri, sans-serif;"><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;">For more information Kindly contact our Mortgages department on Mortgages@nmbz.co.zw</span></span></p><p><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;"><br></span></span></p><p><span style="font-family: Arial, Helvetica, sans-serif; font-size: 14px;">Download the application form <a href="http://www.nmbz.co.zw/forms/">here</a>.</span></p> 23000027692 1057 23000005109 2020-07-17T14:13:17+02:00 23001948266 6 2 4 24 I want to know more about NMB Mortgage products 2020-07-17T14:13:17+02:00 23000191250 1 2018-05-17T16:10:23+02:00 0 2 The NMB Diaspora Mortgage facility is meant for Zimbabweans living in the diaspora. The requirements are as follows : •             Certified copies of the national ID, residence and work permit. •             An affidavit signed by a notary public confirming identity, residence and work status. •             Letter from the employer confirming salary, retirement age and contract of employment. •             Payslips for three consecutive months. •             Six months bank statement from the Bank into which salary is paid. •             Letter from the Bank confirming the authenticity of the statements. •             Must operate an account with NMB Bank which shall be used for repayments. •             Special power of attorney for the person signing the documents on your behalf •             Unlimited guarantee by the appointed power of attorney. •             Report from the main credit reference bureau in the country of residence. Contact our Mortgages Department for more information on mortgages@nmbz.co.zw.For current information on charges please follow the link below.https://nmbz.co.zw/business-conditions/ Download the application form here. <p style="margin-bottom: 8pt; margin-left: 0cm; line-height: 107%; font-size: 15px; font-family: Calibri, sans-serif;"><span style="font-family: Arial, Helvetica, sans-serif; font-size: 14px;">The NMB Diaspora Mortgage facility is meant for Zimbabweans living in the diaspora. The requirements are as follows :</span></p><p style="margin-bottom: 8pt; margin-left: 0cm; line-height: 107%; font-size: 15px; font-family: Calibri, sans-serif;"><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;">•             Certified copies of the national ID, residence and work permit.</span></span></p><p style="margin-bottom: 8pt; margin-left: 0cm; line-height: 107%; font-size: 15px; font-family: Calibri, sans-serif;"><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;">•             An affidavit signed by a notary public confirming identity, residence and work status.</span></span></p><p style="margin-bottom: 8pt; margin-left: 0cm; line-height: 107%; font-size: 15px; font-family: Calibri, sans-serif;"><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;">•             Letter from the employer confirming salary, retirement age and contract of employment.</span></span></p><p style="margin-bottom: 8pt; margin-left: 0cm; line-height: 107%; font-size: 15px; font-family: Calibri, sans-serif;"><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;">•             Payslips for three consecutive months.</span></span></p><p style="margin-bottom: 8pt; margin-left: 0cm; line-height: 107%; font-size: 15px; font-family: Calibri, sans-serif;"><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;">•             Six months bank statement from the Bank into which salary is paid.</span></span></p><p style="margin-bottom: 8pt; margin-left: 0cm; line-height: 107%; font-size: 15px; font-family: Calibri, sans-serif;"><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;">•             Letter from the Bank confirming the authenticity of the statements.</span></span></p><p style="margin-bottom: 8pt; margin-left: 0cm; line-height: 107%; font-size: 15px; font-family: Calibri, sans-serif;"><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;">•             Must operate an account with NMB Bank which shall be used for repayments.</span></span></p><p style="margin-bottom: 8pt; margin-left: 0cm; line-height: 107%; font-size: 15px; font-family: Calibri, sans-serif;"><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;">•             Special power of attorney for the person signing the documents on your behalf</span></span></p><p style="margin-bottom: 8pt; margin-left: 0cm; line-height: 107%; font-size: 15px; font-family: Calibri, sans-serif;"><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;">•             Unlimited guarantee by the appointed power of attorney.</span></span></p><p style="margin-bottom: 8pt; margin-left: 0cm; line-height: 107%; font-size: 15px; font-family: Calibri, sans-serif;"><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;">•             Report from the main credit reference bureau in the country of residence.</span></span></p><p style="margin-bottom: 8pt; margin-left: 0cm; line-height: 107%; font-size: 15px; font-family: Calibri, sans-serif;"><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;">Contact our Mortgages Department for more information on mortgages@nmbz.co.zw.For current information on charges please follow the link below.<a href="https://nmbz.co.zw/business-conditions/" rel="noreferrer">https://nmbz.co.zw/business-conditions/</a></span></span></p><div rel="clipboard_data"><p><span style="font-size: 14px;"><span style="font-family: Arial,Helvetica,sans-serif;"><br></span></span></p><p><span style="font-family: Arial, Helvetica, sans-serif; font-size: 14px;">Download the application form <a href="http://www.nmbz.co.zw/forms/">here</a>.</span></p></div> 23000027692 254 23000014675 2020-07-17T14:25:17+02:00 23001948266 7 <p style="">NMB Diaspora Mortgages</p><p style=""><br></p><p>This mortgage facility is meant for Zimbabweans living in the diaspora.</p><p style=""><br></p><p style="">Terms and Conditions</p><p style=""><br></p><p> Interest rate of 12% p.a</p><p> Once-off establishment fees of 2% of the loan amount</p><p> Once-off valuation fees of 1% of the loan amount</p><p> Certified copies of the national ID, residence and work permit.</p><p> An affidavit signed by a notary public confirming identity, residence and work status.</p><p> Letter from the employer confirming salary, retirement age and contract of employment.</p><p style=""> Pay slips for three consecutive months.</p><p style=""> Six months bank statement from the Bank into which salary is paid.</p><p> Letter from the Bank confirming the authenticity of the statements.</p><p> Must operate an account with NMB Bank which shall be used for repayments.</p><p> Special power of attorney for the person signing the documents on your behalf</p><p> Unlimited guarantee by the appointed power of attorney.</p><p style=""> Report from the main credit reference bureau in the country of residence.</p> 2 0 2 I want to know more about Diaspora Mortgage Requirements 2020-07-17T14:25:18+02:00 23000803948 1 2018-01-09T08:54:41+02:00 6 21 We help keep your child in school with our School Fees loans.The tenor is up to 6 months for University loans and 3 months for High School loans. Fees are paid directly to the school. Contact your nearest NMB Bank Branch for more information. Click the link for our branches https://nmbz.co.zw/branches/ <p style="margin-bottom: 8pt; margin-left: 0cm; line-height: 107%; font-size: 15px; font-family: Calibri, sans-serif;"><span style="font-family: Arial, Helvetica, sans-serif; font-size: 14px;">We help keep your child in school with our School Fees loans.The tenor is up to 6 months for University loans and 3 months for High School loans. Fees are paid directly to the school.</span></p><p style="margin-bottom: 8pt; margin-left: 0cm; line-height: 107%; font-size: 15px; font-family: Calibri, sans-serif;"><span style="font-family: Arial, Helvetica, sans-serif; font-size: 14px;">Contact your nearest NMB Bank Branch for more information. Click the link for our branches <a href="https://nmbz.co.zw/branches/" rel="noreferrer">https://nmbz.co.zw/branches/</a></span></p> 23000027692 510 23000012741 2020-07-17T15:52:13+02:00 23001948266 8 2 6 21 How can I access an NMB School Fees Loan? 2020-07-17T15:52:13+02:00 23000803948