In line with RMA’s notification on the 3rd revision of MLR from 6.66% to 6.51% dated August 03, 2017, the National Pension and Provident Fund (NPPF) would like to inform that there is no change in the interest rates for member loan products. However, interest rate for corporate clients has been revised.

#Loan ProductTenure (Years)Current Rate
1Education Loan1-59.50%
5-109.70%
10-1510.00%
2Housing Loan (Commerical)3010.50%
3Member Home Loan309.0 % (fixed) and 8.0% (5-years reset)
4Student Loanup to 158% during gestation 9% thereafter
5Member Loan58.5%
6Flat Purchase308.75% (fixed) and 7.75% (5-years reset)