Pay- Day Loan

Service/Product target (who is the user in mind)

Salaried employees – middle and low income earners

Product Attributes/ Features: How does the product work

  • 50% of net pay
  • Available in multiples of K10,000
  • Min – MK30,000
  • Max – MK1,000,000
  • Repayable on next pay day – within 30days.

Benefits to the Customer/user

  • This is an umbrella on a rainy day – instant loan.
  • Unsecured.
  • Available on strength of a letter of introduction only.

Costs to access the product

Commission depending on the amount

How to access product

  • Available to NBM account holders.
  • Fill a credit application form
  • Submit latest payslip
  • Letter of introduction

Terms and conditions

Customer to provide for repayment.



To be the most successful financial institution in Malawi with an internationally visible presence.

Mission Statement

To provide outstanding and inclusive financial solutions that deliver sustained stakeholder value.