Equity Release Loan allows customers to benefit from the equity realised from their properties over time. The Equity...
National Development Bank has got two types of loans, being Business loans and human capital development loan (individual loans). Under Business loans we have got standard loans that ranges from P10, 000 up to P60 Million. Individual loans have got four fast track loans, namely Ntlhatlosa Kwa Morakeng, Temo Bokamoso, Bonno home loan and Nthuta school fees loan.
The Bank provides insurance services for Business loans Human capital or indivuals loans, Such as Credit life and Insurance against natural disasters. Contact branches for the latest developments and insurance options
Business Loans: Applicable for customers acquiring business loans.
This insurance covers the following:
This insurance covers damage to property against natural disasters such as floods, earthquakes, and fire.
The insurance covers Fines and Penalty for late submission or payment where the issuer has not been able to release funds after goods or services rendered.
Where the customer provides transport for goods to be delivered to the Issuer, an insurance cover should be undertaken. This is to guard against such things as public liability, fire, theft etc.
The Agricultural Credit Guarantee Scheme was established by the Government in 1986, as an insurance cover to assist all dry –land (rain fed) arable farmers, against natural hazards associated with crop farming such as drought, floods and frost. The decision to apply the ACGS on any particular year is made by Government after assessment of the crop production for a particular year. The criteria for disbursing the funds under the Scheme are as follows:
To strengthen and facilitate smooth operations, The Bank has its preferred valuers to carry out valuation of asserts offered as security.
Below is the list * please note that the Bank reviews valuers form time to time, therefore, it is important to always check with your sales executive for the latest valuers.
Tel: 3162895, 3162896, 3162897,312898
Private Bag 0099
Tel: 3903250, Fax 3903251
Private Bag F241
Plot 6398/4, Lejara Road, Broadhurst, Gaborone
Please call any of these numbers below to report any fraudulent activity...
These are testimonies from individuals and business owners who through the assistance of the NDB have managed to start successful businesses and created sustainable jobs for Batswana.