The National Bank of Kenya (NBK)provides a wide range of loans that you can apply for. One of the loans that you can easily get from NBK is the Personal Unsecured loan. For salaried employees like TSC teachers, University staff, Department of Defense Officers, Teachers, Nurses and Doctors you can qualify for this loan through check off system. This loan is also be given to nonsalaried individuals.
WHAT YOU SHOULD KNOW ABOUT THE NBK CHECK OFF LOAN
- Interest rate is on reducing bases-13%
- Low Insurance Premium-0.35% and 0.44% with Retrenchment Cover
- Low loan appraisal fee 2%-New and 1.5 % Top-ups
- You can qualify for top-ups after only 3 monthly repayments
- Buy off from other Financial Institutions including SACCOS and Welfare.
- Quick Loan processing Time-48 Hrs
See also;
- TSC loan application and online approval process
- KCB Personal Check Off Loan; Loan amounts, Interest rates and Schedule of loan repayment per month
- HELB loans and bursaries for TVET students; 2020/2021 first time loan applications
- HELB Loans and scholarships for all students; A detailed description
NBK LOAN AMOUNTS AND REPAYMENT SCHEDULE.
Before you take the NBK loan, it is good you understand how much you will pay monthly, for how months and the total loan to receive.
In the table below, the column for amount displays the total loan that you qualify for, while subsequent columns (to the right) show the monthly repayment amounts. University staff, Department of Defense Officers, Teachers, Nurses and Doctors qualify for loan repayment periods of up to 84 months. All others only qualify for loan repayment periods of up to 72 months.
Number of Years | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
Number of Months | 12 | 24 | 36 | 48 | 60 | 72 | 84 |
Loan Amount | Installment | Installment | Installment | Installment | Installment | Installment | Installment |
50,000 | 4,466 | 2,377 | 1,685 | 1,341 | 1,138 | 1,004 | 910 |
75,000 | 6,699 | 3,566 | 2,527 | 2,012 | 1,706 | 1,506 | 1,364 |
100,000 | 8,932 | 4,754 | 3,369 | 2,683 | 2,275 | 2,007 | 1,819 |
150,000 | 13,398 | 7,131 | 5,054 | 4,024 | 3,413 | 3,011 | 2,729 |
200,000 | 17,863 | 9,508 | 6,739 | 5,365 | 4,551 | 4,015 | 3,638 |
250,000 | 22,329 | 11,885 | 8,423 | 6,707 | 5,688 | 5,019 | 4,548 |
300,000 | 26,795 | 14,263 | 10,108 | 8,048 | 6,826 | 6,022 | 5,458 |
400,000 | 35,727 | 19,017 | 13,478 | 10,731 | 9,101 | 8,030 | 7,277 |
500,000 | 44,659 | 23,771 | 16,847 | 13,414 | 11,377 | 10,037 | 9,096 |
550,000 | 49,125 | 26,148 | 18,532 | 14,755 | 12,514 | 11,041 | 10,006 |
600,000 | 53,590 | 28,525 | 20,216 | 16,096 | 13,652 | 12,044 | 10,915 |
700,000 | 62,522 | 33,279 | 23,586 | 18,779 | 15,927 | 14,052 | 12,734 |
800,000 | 71,454 | 38,033 | 26,955 | 21,462 | 18,202 | 16,059 | 14,554 |
900,000 | 80,386 | 42,788 | 30,325 | 24,145 | 20,478 | 18,067 | 16,373 |
1,000,000 | 89,317 | 47,542 | 33,694 | 26,827 | 22,753 | 20,074 | 18,192 |
1,100,000 | 98,249 | 52,296 | 37,063 | 29,510 | 25,028 | 22,082 | 20,011 |
1,200,000 | 107,181 | 57,050 | 40,433 | 32,193 | 27,304 | 24,089 | 21,830 |
1,300,000 | 116,112 | 61,804 | 43,802 | 34,876 | 29,579 | 26,096 | 23,650 |
1,400,000 | 125,044 | 66,559 | 47,172 | 37,558 | 31,854 | 28,104 | 25,469 |
1,450,000 | 129,510 | 68,936 | 48,856 | 38,900 | 32,992 | 29,107 | 26,378 |
1,500,000 | 133,976 | 71,313 | 50,541 | 40,241 | 34,130 | 30,111 | 27,288 |
1,600,000 | 142,908 | 76,067 | 53,910 | 42,924 | 36,405 | 32,119 | 29,107 |
1,700,000 | 151,839 | 80,821 | 57,280 | 45,607 | 38,680 | 34,126 | 30,926 |
1,800,000 | 160,771 | 85,575 | 60,649 | 48,289 | 40,956 | 36,133 | 32,746 |
1,850,000 | 165,237 | 87,952 | 62,334 | 49,631 | 42,093 | 37,137 | 33,655 |
1,900,000 | 169,703 | 90,329 | 64,019 | 50,972 | 43,231 | 38,141 | 34,565 |
1,950,000 | 174,169 | 92,707 | 65,703 | 52,314 | 44,368 | 39,145 | 35,474 |
2,000,000 | 178,635 | 95,084 | 67,388 | 53,655 | 45,506 | 40,148 | 36,384 |
2,050,000 | 183,100 | 97,461 | 69,073 | 54,996 | 46,644 | 41,152 | 37,294 |
2,100,000 | 187,566 | 99,838 | 70,757 | 56,338 | 47,781 | 42,156 | 38,203 |
2,200,000 | 196,498 | 104,592 | 74,127 | 59,020 | 50,057 | 44,163 | 40,022 |
2,300,000 | 205,430 | 109,346 | 77,496 | 61,703 | 52,332 | 46,170 | 41,842 |
2,400,000 | 214,361 | 114,100 | 80,865 | 64,386 | 54,607 | 48,178 | 43,661 |
2,450,000 | 218,827 | 116,477 | 82,550 | 65,727 | 55,745 | 49,182 | 44,570 |
2,500,000 | 223,293 | 118,855 | 84,235 | 67,069 | 56,883 | 50,185 | 45,480 |
2,600,000 | 232,225 | 123,609 | 87,604 | 69,751 | 59,158 | 52,193 | 47,299 |
2,700,000 | 241,157 | 128,363 | 90,974 | 72,434 | 61,433 | 54,200 | 49,118 |
2,800,000 | 250,088 | 133,117 | 94,343 | 75,117 | 63,709 | 56,207 | 50,937 |
2,900,000 | 259,020 | 137,871 | 97,712 | 77,800 | 65,984 | 58,215 | 52,757 |
3,000,000 | 267,952 | 142,625 | 101,082 | 80,482 | 68,259 | 60,222 | 54,576 |
3,100,000 | 276,884 | 147,380 | 104,451 | 83,165 | 70,535 | 62,230 | 56,395 |
3,200,000 | 285,815 | 152,134 | 107,821 | 85,848 | 72,810 | 64,237 | 58,214 |
3,300,000 | 294,747 | 156,888 | 111,190 | 88,531 | 75,085 | 66,245 | 60,033 |
3,400,000 | 303,679 | 161,642 | 114,559 | 91,213 | 77,360 | 68,252 | 61,853 |
3,500,000 | 312,610 | 166,396 | 117,929 | 93,896 | 79,636 | 70,259 | 63,672 |
3,550,000 | 317,076 | 168,773 | 119,614 | 95,238 | 80,773 | 71,263 | 64,581 |
3,600,000 | 321,542 | 171,151 | 121,298 | 96,579 | 81,911 | 72,267 | 65,491 |
3,700,000 | 330,474 | 175,905 | 124,668 | 99,262 | 84,186 | 74,274 | 67,310 |
3,750,000 | 334,940 | 178,282 | 126,352 | 100,603 | 85,324 | 75,278 | 68,220 |
3,800,000 | 339,406 | 180,659 | 128,037 | 101,944 | 86,462 | 76,282 | 69,129 |
3,850,000 | 343,872 | 183,036 | 129,722 | 103,286 | 87,599 | 77,285 | 70,039 |
3,900,000 | 348,337 | 185,413 | 131,406 | 104,627 | 88,737 | 78,289 | 70,949 |
4,000,000 | 357,269 | 190,167 | 134,776 | 107,310 | 91,012 | 80,296 | 72,768 |
4,100,000 | 366,201 | 194,921 | 138,145 | 109,993 | 93,288 | 82,304 | 74,587 |
4,200,000 | 375,133 | 199,676 | 141,515 | 112,675 | 95,563 | 84,311 | 76,406 |
4,300,000 | 384,064 | 204,430 | 144,884 | 115,358 | 97,838 | 86,319 | 78,225 |
4,350,000 | 388,530 | 206,807 | 146,569 | 116,700 | 98,976 | 87,322 | 79,135 |
4,400,000 | 392,996 | 209,184 | 148,253 | 118,041 | 100,114 | 88,326 | 80,045 |
4,500,000 | 401,928 | 213,938 | 151,623 | 120,724 | 102,389 | 90,333 | 81,864 |
4,600,000 | 410,859 | 218,692 | 154,992 | 123,406 | 104,664 | 92,341 | 83,683 |
4,700,000 | 419,791 | 223,447 | 158,362 | 126,089 | 106,939 | 94,348 | 85,502 |
4,750,000 | 424,257 | 225,824 | 160,046 | 127,431 | 108,077 | 95,352 | 86,412 |
4,800,000 | 428,723 | 228,201 | 161,731 | 128,772 | 109,215 | 96,356 | 87,321 |
4,900,000 | 437,655 | 232,955 | 165,100 | 131,455 | 111,490 | 98,363 | 89,141 |
4,950,000 | 442,121 | 235,332 | 166,785 | 132,796 | 112,628 | 99,367 | 90,050 |
5,000,000 | 446,586 | 237,709 | 168,470 | 134,137 | 113,765 | 100,371 | 90,960 |