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 Product||Tenure (Years)||Current Rate|
|2||Housing Loan (Commerical)||30||10.50%|
|3||Member Home Loan||30||9.0 % (fixed) and 8.0% (5-years reset)|
|4||Student Loan||up to 15||8% during gestation 9% thereafter|
|6||Flat Purchase||30||8.75% (fixed) and 7.75% (5-years reset)|