NMB Ballooning Housing Loan
This is a unique variant of housing loan that facilitates repayment of principal on Home Loans with a flexible approach that allows for EMI payment on part of the loan while the other part of the loan can be settled in bulk on yearly basis.
NMB Reverse Ballooning
The Reverse Ballooning loan option allows repayment of principal on Home Loans by a unique modality which allows for EMI to diminish over every 5 to 10 years as chosen and required by the customer.
Basic Documentation (as applicable)
Note: Other documents as per Bank laid down procedures, as applicable
Key Features of NMB Ballooning Housing Loan:
Key Features of NMB Reverse Ballooning: