NBP Interest Rate for Advance Salary Loan

I am today giving you the information about the Interest Rate for the Advance Salary Loan for the Employees. The Interest rate for NBP as on 11-09-2013 is 19% which is the lowest as compared to all the other banks. These interest rates are variable from time to time. National Bank of Pakistan grants Advance Salary Loan from a period of 01 year to 05 years. You can calculate yourself the amount of interest and all other details of loan with the help of Advance Salary Loan Calculator whose detail I have already given you in my previous posts. I will show you here some calculations on the base of 19% interest rate. Note these are all rough calculations; there may be variation according to the bank policies.

 

Loan Amount (Rs.) Loan Period in Years Monthly Installment(Rs.) Total Interest (Rs.)
100,000 1 Year 9215.66 10587.89
100,000 2 Years 5040.86 20980.68
100,000 3 Years 3665.60 31961.67
100,000 4 Years 2990.01 43520.57
100,000 5 Years 2594.06 55643.31

 

 

Loan Amount (Rs.) Loan Period in Years Monthly Installment(Rs.) Total Interest (Rs.)
200,000 1 Year 18431.32 21175.79
200,000 2 Years 10081.72 41961.36
200,000 3 Years 7331.20 63923.34
200,000 4 Years 5980.02 87041.13
200,000 5 Years 5188.11 111286.61

 

 

Loan Amount (Rs.) Loan Period in Years Monthly Installment(Rs.) Total Interest (Rs.)
300,000 1 Year 27646.97 31763.68
300,000 2 Years 15122.59 62942.04
300,000 3 Years 10996.81 95885.02
300,000 4 Years 8970.04 130561.70
300,000 5 Years 7782.17 166929.92

 

Advance Salary Loan

Share This Post

Related Articles

4 Responses to “NBP Interest Rate for Advance Salary Loan”

  1. Atif Butt says:

    i want to get loan from nbp rs 150000. what will be my schedule payment and how much interest i will pay to nbp 3 and 5 year

  2. Zubair Khan says:

    i want to get loan from nbp rs 200000. what will be my schedule payment and how much interest i will pay to nbp in 5 years.

    plz reply

Leave a Reply

© 2014 Galaxy World. All rights reserved. Site Admin · Entries RSS · Comments RSS
Powered by WordPress · Designed by Theme Junkie