National Bank of Kenya (NBK) check off loan monthly repayment schedule for teachers, nurses, Doctors, Police and all civil servants

| April 24, 2024 | MONEY & FINANCE | No Comments

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;

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.

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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
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