NIB Bank Loans Details

Auto Loan of NIB Bank

NIB Bank gives you the power to drive your dream car while managing your expense the way you want to. Now you can get the vehicle, mark-up option, and repayment plan of your choice.

In finance, a loan is a debt provided by an entity (organization or individual) to another entity at an interest rate, and evidenced by a note which specifies, among other things, the principal amount, interest rate, and date of repayment.

Speed away to your target with NIB Auto Loan

Product Features

• Financing amount from PKR 200000 to PKR 2 million
• Financing available to existing and new NIB Bank customers for new users or imported vehicles
• The competitive fixed and variable markup rate
• Low insurance rate with a free tracker
• Hassle-free documentation and easy processing
• Flexible tenors from 1 to 7 year
• Minimum down payment requirements
• Fast loan processing time

Product Availability

NIB Auto loan is available in more than 40 cities across Pakistan.

Home loan NIB Bank

Whether you want to buy that dream house, complete those renovations you have been putting off or transfer an existing home loan from any other financial institution in Pakistan NIB Home Loan brings you the doorway to your own home. NIB Address empowers you to become the proud owner of a home by offering a variety of product and pricing options that are flexible yet affordable. So choose the best product option and pricing to suit your needs.

Product Features

• Financing amounts from PKR 1000,000 to PKR 40,000,000
• Low markup rate
• Free property insurance
• Free credit life insurance
• CO-borrower option available with an immediate family member
• Flexible tenors from 3 to 20 year
• Fast Loan processing time
• Product Availability

The NIB Bank Home Loan is currently available to residents of the following cities of Pakistan Karachi, Lahore, Rawalpindi, and Islamabad.

Personal Installment Loan

It is clean, installment-based financing for a fixed tenor that provides customers with convenient and flexible financial solutions for any intended need. Have an urgent payment to make? Need to meet expenses for a wedding in the family, or pay your child’s college fee? Or maybe you want to renovate your home buy the latest TV or finally take that dream vacation?

NIN Bank Personal Installment loan makes it all possible

Product Features

• Financing amounts from PKR 50000 to PKR 2,000,000
• Low markup rate
• No pre-payment charges
• Fast processing time
• Free Credit life insurance
• Flexible repayment tenor of between 1 to 5 years
• Repayment through equal monthly installments
• No collateral or security
• Free Current Account

NIB Loan against Savings

Have to pay for your child college education set up a new business or meet unexpected personal or business experiences?

Empower yourself with a credit line that lets you meet planned or unplanned financial needs without having to utilize your savings

Apply now to avail NIB Loan against Savings and unlock the full potential of your savings

Features 

• NIB Loan against Savings is available to NIB Bank deposit customers and is available as both
• Maximum loan amount of up to PKR 30 Million
• Hassle-free documentation and easy processing
• Competitive markup rates
• Mark up payable on a quarterly basis
• Variable-rate pricing base linked with KIBOR or the rate on your deposit

What else will you get with the NIB Loan against Savings?

• Free Loan SMS Alerts
• Free Debit Card issuance
• Free e-statements
• Free Internet Banking
• Free Phone Banking
• Free Utility Bill Payments
• Freestanding instructions set up