It is a simple Calculator for the calculation of Advance Salary Loan. It calculates the interest amount as well as the detail of installments. I have applied it for the National Bank of Pakistan Advance Salary Loan that showed 100 % accurate results. The interest amount on loan for other banks is not valid for this calculator as their calculation of interest is not according to the NBP Advance Salary Loan Interest calculation.

This calculator shows the Payment Date, Beginning Balance, Scheduled Payment, Principal Amount, Interest Amount and the Ending Balance. You can see the remaining balance of interest as well as the remaining balance of actual amount during any month. You can also see the Scheduled Monthly Payment Installment Amount as well as the Total Amount of Interest.

I will now illustrate now here with examples how you can calculate your interest amount as well as full schedule of payment for National Bank of Pakistan loan.

### Example to Use the Calculator

In the picture as you see the main Heading is “Enter Values”. Let’s fill all the columns in this heading. Just type the amount of Loan that you want to get from the Bank. Suppose you want to get a loan of Rs. 300,000/- (Three Hundred Thousands). Enter 300,000 values here in the row of ‘Loan Amount’. Type the Interest Rate for NBP in the second row. For NBP I think interest rate is 19% or 19.5%. Type Loan Period in years. You can type any value 1 to 5 according to your requirement. Suppose you want to take loan for 5 years then you should type 5 in this row. Type 12 in the row ‘Number of Payments per Year’. Left the row of ‘Optional Extra Payments” as most of us don’t want to pay extra payment.  Now just press enter. You will see the all the calculations are in your view. For the total amount of Advance Salary Loan of Rs. 300,000/- installment amount will be Rs. 7782.17 if the interest rate is 19% and the total amount of interest will be Rs. 166,929.92.

• Sikander Ahmed says:

Dear Sir, Aslam Alakum: I want to give a loan for Rs.500,000/- from NBP Salary advance scheme, how many interest I will pay in the 60 installments.
Sikander Ahmed

• Galaxy World says:

Nearly 260,000 or 270,000 u have to pay interest. Further u can get the acutal latest position from Bank.

Aslam alakium.
Sir I get 500,000 for 60 instalments. what is the interest rate, and who many amount i returned and also tell me the interest rate, and interest amount also. thanks Sir.

• Galaxy World says:

Aslam Alakium. dear tell me the interest rate now?
I'll get 500,000 for 60 instalments, what amount that I'll returned and what is the interest on this?

• Galaxy World says:

Estimated refundable amount will be Rs. 750,000/-

Aslam Alakium. dear tell me the interest rate now?
I'll get 500,000 for 60 instalments, what amount that I'll returned and what is the interest on this?

Sir I want 35000 loan for 18 months
Tell me loan scheme with detail

• Mansoor ullah says:

Keya main applay Kar saktha hn advance salary ka main Pakistan steel mill ka emplay hn

• Nosheen malik says:

But my husband visited nearest branch of nbp and there he was told that policemen can't get advance salary loan but according to nbp policy armed forces also take loan..now what should we do to avail the loan plz guide..

• Nosheen malik says:

Hi..my husband is from police department may he get advance salary loan??

• Galaxy World says:

Dear Nosheen according to my knowledge, Yes. just contact ur nearest NBP Branch.

• Tanzeem sajid says:

Sir I'm army soldier I'm loan for 60 instalmint my salary 24000 may monthly Instalmint and total interest please detail me thanks

• Tanzeem sajid says:

Mujhe 10 lac Lena ha

• Galaxy World says:

Dear Tanzeem Sajid Just contact ur nearest bank branch of NBP.

A.o.a. ma ne Nbp se advance salary loan 245000 lia ha jis ki instalment 6200 takrebn ha.ma ne 2 instalment pay nh ki jb meri salary 3rd mont 28804 ai tu jst 8379/ PRI thi baki takrebn 20000 bank ne kaat li plz inform me unho ne itna fine q lia.oar waise AGR 1 instalment short ho jaye tu next kitne extra charges dene perte hain plz plz tel me soon

i am a new account holder of NBP and my service is 5 year before than i was ABL account holder but now i am NBP account holder i want get loan my salary is 310000

• Galaxy World says:

• Waheed says:

Ye policy ghareebon ko lootnay k lie hai ya unko support karnay k lie hai ??? 2000000 loan pe interest Rs.1000000/- ghareeb admi sunty hi marrr jayega

sir i want to get HBL salary loan rs 130000 for 24 month installments. what is interest rate and what is total loan which i pay to HBL

• Galaxy World says:

• asif javef says:

My monthly salary is 30000 and I want loan of 500000 lakh in 60 install what is my monthly instalment I am impl of pak army

• Galaxy World says:

Dear Asif Javed it depends on the interest rate.

• A Rehman Gorsi says:

Asif Javed sahib if you want to take loan from NBP, the installment will 12500/- (approx)

• naveed kakar says:

Sir ma police dep sa ho ur mjh 2 lac loan chaiy mari salry 30.000 ha 2lac pa intrest kitna hoga ur monthly salry sa kitna katanga plz ans must

• sajid says:

I need 400000 nbp adv salary. What will be the monthly instalment for 5 year plane

• faisal says:

• A Rehman Gorsi says:

10,000 Monthly

• bilawal says:

asalam o aleakum..
meri 57000 hai mjhe 20 salary advance chahien 5 year k time period pe..
kindly mjhe bataen k mera service charge kya ho ga,,,

Asslam o alaikum.........
Me armed forces me govt employee hn mre salary 24000 ha mujhe one million loan chahiye 60 installment me plz mujhe bataye ke mra total interest kitna ho ga or mre installment kitne bne ge......!

• zeeshan says:

Sir mujay ghar banana ke liya 12 lakh rupes chaye meri 50000
Salary hai tu 3 year ki installment kerwana chahta ho
Tu kitni per month installment ho ge
Aur per month kitna interst perha ga

Salam sir
Mai houes k liye 50lak loan lena chata ho tu plz sir mujay bataye k mera 30 hazar salray hi muj se par mont kitne katote ho ge

• A Rehman Gorsi says:

Jo b ap ki net salary ha is ko 20 se zarb day do, ap ko answer mil jay ga. For example ager ap ki net salary jo k ap cash kertay ho wo 30,000 ha tu 30,000X20=6,00,000/-

• Asim Abbas says:

Army person and civ advance salrey interest rate same gain?

• Javaid says:

Mai sarkari mulazim ho. Dear mere salry 20000 hai. Mai zayada say zayada kitna loan lay sakta ho . Or kul kitne ezafi katote ho ge thnx plz inform me.

• Salamat Ali Butt says:

I am a govt school teacher in punjab ..... I am on 5 years contract ,,,, My job duration is 7 months ... can i get advance salary?

• Prof. Syed Atta Ullah says:

Assalamu Alaikum. Me nay Mansehra kay aik Bank say NBP advance salary loan lia hay. Ab uss ka baqaya thorra reh gaya hay aur me woh yakmusht khatm karna chahta hun. lekin jab Bank walon say payable ammount k baray mein poochta hun tou woh mukhtalif figures bataty hain jo meray apnay hisab say boht mukhtalif hota hay aur me satisfy nahi hota. Computerized statement nahi detay. Computer ka rukh un ki taraf hota hay aur uss mein daikh kar zabani bata detay hain. kehtay hain is ka statement nahi hota. kya aisa he hay? Agar nahi tou complete statement k husool k liye mujhay kya karna chahiye? Aur yeh b bataiyye k 482000 loan liya tha tou total kitna dena parrega taa k mujhay andaza ho jaey. boht shukria.

• bilal says:

Dear sir
I.m armed person !! I small request plz give me information about all loan advnce salary
....
Plz give me your bank yearly intrest plan percentage plz tell me ...
Thnkx
Plz agar ma 300000 late to 60 months ma return pr ktna intrest lay ga

• bilal says:

Dear sir
I.m armed person !! I small request plz give me information about all loan advnce salary
....
Plz give me your bank yearly intrest plan percentage plz tell me ...
Thnkx

• syed Noor ul hassan says:

AssaAssalam o alakom ! MAY govt servent ho.bohut zeyada qarzdar ho.may nay 11 nov 2014 ko adv salary wasol ki hy.kia mujy 100000 rupy nbp say qarz.e.hasana kay tor par mel saktay hy.ta keh may matloba raqam 5 sal may ada kro . Please janab. E .ala mujy.inform kejeay. May bohut zeyada maujboor ho.ta keh allah mujay as qarz ki azab say mahfooz kry.
Dear jo be treqa ho mujy bata dejey may omr bahar apka ihsanmund raho ga.thanks

• syed Noor ul hassan says:

Dear ! Dosri bat ye hy keh may nay ATM kay leay 1 mah qabal apply ki hy .laken abi tuk mara ATM card nahi Aya.NBP ka ye process itna slow kew hy.....
Syed Noor ul Hassan
Bank : N.B.P
Account No:1703-1
Branch code: 1588

• syed Noor ul hassan says:

Janab e Ala! May govt servent ho.bohut zeyada qarzdar ho.may nay 11 nov 2014 ko adv salary wasol ki hy.kia mujy 100000 rupy nbp say qarz.e.hasana kay tor par mel saktay hy.ta keh may matloba raqam 5 sal may ada kro . Please janab. E .ala mujy.inform kejeay. May bohut zeyada maujboor ho.ta keh allah mujay as qarz ki azab say mahfooz kry.
Jana-e - ala jo be treqa ho mujy bata dejey may omr bahar apka ihsanmund raho ga.thanks

• tariq mahmood says:

Madam main army main hn main ny advance salary k ley nbp ki branch main visit kia to mujhy bank manager ny kaha k hm army walon ko loan nai dety q k in ki posting kisi or city main hojati hy to hamain prob hoti hy, kya madam waqaee asa hy k main army main hony ki wajah sy ye facility use nai krsakta? Halan k main govt employee hn

• syed Noor ul hassan says:

ASSALAM ALAKOM! JANAB E ALA MAY NAY AK DAFA NBP SAY ADVANCE SALARY WASOL KI HY.IN KA BAQYA BE MUJ HY.BARAHE KARAM KIA MAY DOBARA ESY DORAN DOBRA ADVANCE SALARY KAY SAKTA HO....PLEASE Mujy juld inform kejey.

• Galaxy World says:

Dear syed Noor ul hassan, aap dobara lay saktay hain. Lekan yeh bohat mehnga paray ga.

• Mudasir says:

Respected sir..i want loan of 60 lakh for purchading home and monthly income is one lakh..how muh monthly instalment should be pay..plz tell me..thanks..

• shabana awan says:

i m a gazetted govt employee. 60 plus salary . i want to get one million loan for 3 years. how much monthly installment it would be please.

mark up rate pr year hai 19% hai.
jo ap pay kr dein gi amount us pr markup nai lagy ga. my contact 03025257033

• farooqsabi says:

Dear madum.meri salery 18000 hai.mujh max kitana loan mil sakta hai 5 years k liye.or kitna interst banyga 5 years ka.monthy stalment kia bany gi ?

Loan 2 lac

• Waqar says:

Dear mam i m waqar serving in govt dept and want to take loan 300000 on five yr inst plz tell me total intrest and monthlt instl plz. My monthly salary is 29 thousand

• Abdul Rahim says:

Mam agr mai 400000 lac rupy nilka ln to 5 sal mai kitna paisa total jama karwana ho ga or monthly installment kia ho ge

• Mehmood says:

MY Name is Mehmood
I need loan 300000 my s
alary is 25 thous or muja lon ke liya apply krna hai to kase kro pliz replz me

• Galaxy World says:

Dear Mehmood, plz visit the nearest NBP Br for the details of the same.

• Khalid Qureshi says:

dear i want to get Rs 2,50,000. from NBP advance salary how much i will have to pay per month?

• ShumailaKamal says:

Dear Khalid if the interest rate is 19% then you have to pay interest Rs. 139108/- and the monthly installment will be Rs. 6485/-

• Danyal says:

hello sir , I want to know about the complete terms and conditions of this scheme if there is any link please guide me, If not please tell me In case of death of the employee what are the rules and what % of monthly salary can be deducted at most - if in case 1 or 2 installments are short , what is the rule if there is balance available the 3rd month. Thanks

• ShumailaKamal says:

Dear Danyal I could not understand your question, plz send me email in detail.

I'm a government servant ,I want advance salary one million
Please caluate the total mark up and monthly instalment
And total refund amount
If we refund in 36. Or 48 instalment what will be mark up at this returning duration
1. 1000000! Totel markup
2. 650000 total mark up

• ShumailaKamal says:

Dear Amjad if you return the loan in 36 installments and the interest rate is 19% then the total interest amount will be Rs. 319616/- and the monthly installment will be Rs. 36656/- Thanks

• SYED ZAIB ULLAH SHAH says:

ASSALAM-O-ALAIKUM.
SIR,
I AM A GOVERNMENT SERVANT, WORKING IN BPS.17 AT HIGHER EDUCATION DEPARTMENT KPK SINCE 2006,
I GET A SALARY MORE THAN 50,000 ON MCB,
I WANT TO GET ADVANCE SALARY LOAN OF AMOUNT 5-LAC (500000),
PLEASE PROVIDE THE COMPLETE INFORMATION REGARDING
PROCEDURE,
MONTHLY INSTALLMENT,
totall markup on 500000,

thanks

Syed zaib ullah shah

• ShumailaKamal says:

Dear Syed Zaib, if the interest rate is 19% then 12970/- monthly Installment, 278216/- Interest amount Thanks

• syed zaib ULLAH Shah says:

Assalam-O-Alaikum
Dear mam,
Ist of all very Thankful to you for your quick reply earlier.
mam, as per your provided information, on the amount of 5lac, a total interest of 278216 @ of 12970 per month.
if 19% interest applied on 5Lac ,then according to a simple calculation 95000 amount come as a interest,

thanks

• ShumailaKamal says:

Dear Syed Zaib, 19% interest is for one year and for 5 years amount it will raise. That is why u calculated 95000/-

• yasir says:

Dear i am working in bank of punjab in the capacity og grade II officer , my salary is 30000 , so can I awail this advance salary loan facility of amount Rs.500000...

• ShumailaKamal says:

Dear Yasir just contact any nearest branch of NBP.

• shahid iqbal says:

dear thanx... or kindly installment bhe bta den k kitni bany ge ?

• ShumailaKamal says:

Dear Shahid plz give me all detail again in the same comment. Thanks

• Shahbaz says:

I want to get a car
How can I get

• ShumailaKamal says:

Dear Shahbaz, just visit any branch of Bank for the details.

• sulaman says:

mari mobile shap hai main ny 400000 lon aplly krna hai plz kia prosess hai

• sanwal hussain says:

i want to get the loan of 50000 . what would be the terms if i return it in 12 months + interest rate+per month installment

• ShumailaKamal says:

Dear Sanwal Hussain your monthly installment will be Rs. 4608/- and total interest will be Rs. 5294/-

Dear!
I need it urgently so please send it as early as possible.
Thanks

• ShumailaKamal says:

Ok Dear Zaheer Ahmad plz email me i ll send you.

• Aftab Khattak says:

I can not download loan calculator. Also my department is an autonomous body and the finance department is not agree to sign the bank loan application or any such documents then what I should do to get the benefit of bank loan. please reply me on my email address.

• ShumailaKamal says:

Dear Aftab, I have set the Loan Calculator at the site and I have also emailed u the Loan Calculator.

if I get 300000 for 60 months how much I shall return?

• ShumailaKamal says:

Dear Jamil Ahmad, for 5 years if the interst rate is 17% then 147346/- and if 18% then 157081/- will be the interest amount.

• rana azram says:

wht wil b ime if draws 8 lac or 10 lac fr 5 yrs plz tel fr both option

• ShumailaKamal says:

dear Rana plz use the calculator whose link present in this post, to calculate the intertest at ur own choice.

• Umar says:

I have gross salary 20000
how much loan i can get
what is interest on it
what is instalmet
what is total return after 5 years.

• ShumailaKamal says:

Dear u can get 400000 as loan. For calculation just use the calculator.

• Ilyas Hashmi says:

I had taken a NBP Advance salary in Aug 2010, and now I want to reschedule the loan. But bank manager refused, according to him, NBP restricted low scale(BPS1 to 12)employees to reschedule loan.
can you help me to clear the real situation.
thanks.

• ShumailaKamal says:

Dear just contact any other branch of NBP.

• ilyas hashmi says:

If i reschudule the advance salary loan, is the remaing amount adjust without markup?

• ShumailaKamal says:

Dear ur remaining amount will be adjusted according to the balance statement that u is available in the bank or u can also prepare the same by using the same calculator.

• Hamid Ali says:

Nice Working on any MS Office
interest rate is 19%

• Javed kHan says:

• Amir says:

I have a prob to open loan calculator. The file extention is .xlt
Instead of .xls plz upload the relevent file type which may help me to open easily
Regards

• ShumailaKamal says:

Dear just install MS Office 2003. It will work there in MS Office 2003.

• shahid iqbal says:

if I get 750000 for 60 months how much I shall return? plz tell me dear

• ShumailaKamal says:

Dear Shahid Iqbal, if the Interest rate is 19% then ur total interest will be Rs.417,324.80.