NPMB Land Ownership

NPMB Land Ownership Loan Account

This is designed to enable customer acquire piece of land towards actualizing their life dream.

Benefits:

  • Attractive Interest rate of 22% per annum
  • Minimum opening balance of N5,000.00
  • Flexible deposit option i.e. daily, weekly, monthly, or quarterly
  • Minimum Equity contribution of 20% (NPF) & 25%-30% (Others)
  • Fixed rate throughout the duration of the loan. No fluctuation interest rate.
  • Buying towards actualizing your dream.

Features:

  • Maximum loan amount is 10 Million
  • Maximum repayment period of 5 years
  • Monthly repayment shall not exceed one – third of beneficiary’s gross monthly emolument.
  • A draft or cheque raised in favour of the vendor in exchange of
  • Original and accompany title documents.
  • Must have operated account for a minimum of 3 months.
  • Domiciliation of Salary.
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