NMB Bank introduces fixed interest rate on home loan at 11.99% for 15 years
This fixed-rate home loan has an attractive interest rate of 11.99% for the entire 15-year term.
KATHMANDU: NMB Bank has introduced a fixed interest rate on home loans of 11.99% for a period of 15 years.
This new product is intended to assist homeowners in securing a low and predictable interest rate for a longer term, ensuring monthly payment stability and peace of mind.
This fixed-rate home loan has an attractive interest rate of 11.99% for the entire 15-year term.
With this option, new customers can be confident that their monthly payments will remain constant throughout the loan term, regardless of market fluctuations or changes in interest rates.
“Home ownership is a significant investment for individuals and families, and we understand the importance of payment stability,” said Mr. Sunil K.C., CEO of NMB Bank.
NMB Bank has been named Bank of the Year Asia 2021 by ‘The Banker Magazine’ of The Financial Times in London.
The bank was also named Bank of the Year in 2017, 2018, 2020, and 2021.
NMB Bank currently serves customers through 201 branches, 138 ATMs, and 11 extension counters.