Employer Guaranteed Loans

Service/Product Target (Who Is The User In Mind)

Designed to assist high net worth corporate customers to avail their employees with loans via the Bank

Product Attributes/ Features: How Does The Product Work?

  • Min – MK100,000
  • Max – Determined by the employer and Bank
  • Repayment amount not to exceed 30% of salary
  • Maximum repayment period of 36months
  • Employer to provide a guarantee
  • Accessible by NBM and non NBM account holders because employer deducts loan repayments at source.
  • Interest rate is lower than ordinary consumer loans
  • Processing is faster
  • Can be repaid before expiry at no cost

Costs To Access The Product minimum at (RBM reference rate +9% pa)

  • Processing fees apply

How To Access Product

  • Available to NBM account & non NBM account holders in
  • Fill a credit application form
  • Submit latest payslip
  • Submit sketch map
  • Customer ID
  • Submit letter of introduction from employer.
  • Utility bill

Terms and Conditions

  • Employer to provide for monthly repayments.
  • Guarantee By Employer in format approved by the Bank



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.