Interest Rate

Duration Monthly Quarterly Yearly
6 Months 7.5% 7.75% 8%
1 Year 10.5% 10.75 % 11 %
2 Year 11 % 11.25 % 11.50 %
3 Year 11.50 % 11.75 % 12 %
4 Year 12 % 12.25 % 12.50 %
5 Year 12.50 % 12.75 % 13 %

Interest for loan / investment scheme
As per the demand of the market, NMC has been providing loan to its needy customers under different titles. Currently available titles with this Co-Operative are as follows with its rate of lending.


Rate Of Interest

Loan Title Under Diminishing System Under Flat System
Home Loan 16 % -
Education Loan 16 % -
Business Loan 16 % 13 %
Construction Guarantee Loan - 15 %
Agricultural loan 16 % 13 %
Fixed receipt collateral loan 16 % + 2.5 %
Hire purchase loan 18 % 14 %