Advance Salary Loan Calculator

It is a simple Calculator for the calculation of Advance Salary Loan. It calculates the interest amount as well as the detail of installments. I have applied it for the National Bank of Pakistan Advance Salary Loan that showed 100 % accurate results. The interest amount on loan for other banks is not valid for this calculator as their calculation of interest is not according to the NBP Advance Salary Loan Interest calculation. 

This calculator shows the Payment Date, Beginning Balance, Scheduled Payment, Principal Amount, Interest Amount and the Ending Balance. You can see the remaining balance of interest as well as the remaining balance of actual amount during any month. You can also see the Scheduled Monthly Payment Installment Amount as well as the Total Amount of Interest.

I will now illustrate now here with examples how you can calculate your interest amount as well as full schedule of payment for National Bank of Pakistan loan.

Example to Use the Calculator

 

In the picture as you see the main Heading is “Enter Values”. Let’s fill all the columns in this heading. Just type the amount of Loan that you want to get from the Bank. Suppose you want to get a loan of Rs. 300,000/- (Three Hundred Thousands). Enter 300,000 values here in the row of ‘Loan Amount’. Type the Interest Rate for NBP in the second row. For NBP I think interest rate is 19% or 19.5%. Type Loan Period in years. You can type any value 1 to 5 according to your requirement. Suppose you want to take loan for 5 years then you should type 5 in this row. Type 12 in the row ‘Number of Payments per Year’. Left the row of ‘Optional Extra Payments” as most of us don’t want to pay extra payment.  Now just press enter. You will see the all the calculations are in your view. For the total amount of Advance Salary Loan of Rs. 300,000/- installment amount will be Rs. 7782.17 if the interest rate is 19% and the total amount of interest will be Rs. 166,929.92.

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 NBP Advance Loan

Download Advance Salary Loan Calculator:

Advance Salary Loan Calculator

 

 

 

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97 thoughts on “Advance Salary Loan Calculator

  1. Im employee of sindh government i want to NBP advance salary loan but i have a problem my account at ABL can i apply for advance salary loan from NBP

    Reply
  2. Dear Sir, Aslam Alakum: I want to give a loan for Rs.500,000/- from NBP Salary advance scheme, how many interest I will pay in the 60 installments.
    Sikander Ahmed

    Reply
  3. Aslam alakium.
    Sir I get 500,000 for 60 instalments. what is the interest rate, and who many amount i returned and also tell me the interest rate, and interest amount also. thanks Sir.

    Reply
  4. Aslam Alakium. dear tell me the interest rate now?
    I’ll get 500,000 for 60 instalments, what amount that I’ll returned and what is the interest on this?

    Reply
  5. Aslam Alakium. dear tell me the interest rate now?
    I’ll get 500,000 for 60 instalments, what amount that I’ll returned and what is the interest on this?

    Sajjad Hussain.

    Reply
  6. But my husband visited nearest branch of nbp and there he was told that policemen can’t get advance salary loan but according to nbp policy armed forces also take loan..now what should we do to avail the loan plz guide..

    Reply
  7. A.o.a. ma ne Nbp se advance salary loan 245000 lia ha jis ki instalment 6200 takrebn ha.ma ne 2 instalment pay nh ki jb meri salary 3rd mont 28804 ai tu jst 8379/ PRI thi baki takrebn 20000 bank ne kaat li plz inform me unho ne itna fine q lia.oar waise AGR 1 instalment short ho jaye tu next kitne extra charges dene perte hain plz plz tel me soon

    Reply
  8. i am a new account holder of NBP and my service is 5 year before than i was ABL account holder but now i am NBP account holder i want get loan my salary is 310000

    Reply
  9. Ye policy ghareebon ko lootnay k lie hai ya unko support karnay k lie hai ??? 2000000 loan pe interest Rs.1000000/- ghareeb admi sunty hi marrr jayega

    Reply
  10. asalam o aleakum..
    meri 57000 hai mjhe 20 salary advance chahien 5 year k time period pe..
    kindly mjhe bataen k mera service charge kya ho ga,,,

    Reply
  11. Asslam o alaikum………
    Me armed forces me govt employee hn mre salary 24000 ha mujhe one million loan chahiye 60 installment me plz mujhe bataye ke mra total interest kitna ho ga or mre installment kitne bne ge……!

    Reply
  12. Sir mujay ghar banana ke liya 12 lakh rupes chaye meri 50000
    Salary hai tu 3 year ki installment kerwana chahta ho
    Tu kitni per month installment ho ge
    Aur per month kitna interst perha ga

    Reply
  13. Salam sir
    Mai houes k liye 50lak loan lena chata ho tu plz sir mujay bataye k mera 30 hazar salray hi muj se par mont kitne katote ho ge

    Reply
    1. Jo b ap ki net salary ha is ko 20 se zarb day do, ap ko answer mil jay ga. For example ager ap ki net salary jo k ap cash kertay ho wo 30,000 ha tu 30,000X20=6,00,000/-

      Reply
  14. Mai sarkari mulazim ho. Dear mere salry 20000 hai. Mai zayada say zayada kitna loan lay sakta ho . Or kul kitne ezafi katote ho ge thnx plz inform me.

    Reply
  15. I am a govt school teacher in punjab ….. I am on 5 years contract ,,,, My job duration is 7 months … can i get advance salary?

    Reply
  16. Prof. Syed Atta Ullah · Edit

    Assalamu Alaikum. Me nay Mansehra kay aik Bank say NBP advance salary loan lia hay. Ab uss ka baqaya thorra reh gaya hay aur me woh yakmusht khatm karna chahta hun. lekin jab Bank walon say payable ammount k baray mein poochta hun tou woh mukhtalif figures bataty hain jo meray apnay hisab say boht mukhtalif hota hay aur me satisfy nahi hota. Computerized statement nahi detay. Computer ka rukh un ki taraf hota hay aur uss mein daikh kar zabani bata detay hain. kehtay hain is ka statement nahi hota. kya aisa he hay? Agar nahi tou complete statement k husool k liye mujhay kya karna chahiye? Aur yeh b bataiyye k 482000 loan liya tha tou total kitna dena parrega taa k mujhay andaza ho jaey. boht shukria.

    Reply
  17. Dear sir
    I.m armed person !! I small request plz give me information about all loan advnce salary
    ….
    Plz give me your bank yearly intrest plan percentage plz tell me …
    Thnkx
    Plz agar ma 300000 late to 60 months ma return pr ktna intrest lay ga

    Reply
  18. Dear sir
    I.m armed person !! I small request plz give me information about all loan advnce salary
    ….
    Plz give me your bank yearly intrest plan percentage plz tell me …
    Thnkx

    Reply
  19. AssaAssalam o alakom ! MAY govt servent ho.bohut zeyada qarzdar ho.may nay 11 nov 2014 ko adv salary wasol ki hy.kia mujy 100000 rupy nbp say qarz.e.hasana kay tor par mel saktay hy.ta keh may matloba raqam 5 sal may ada kro . Please janab. E .ala mujy.inform kejeay. May bohut zeyada maujboor ho.ta keh allah mujay as qarz ki azab say mahfooz kry.
    Dear jo be treqa ho mujy bata dejey may omr bahar apka ihsanmund raho ga.thanks

    Reply
  20. syed Noor ul hassan · Edit

    Dear ! Dosri bat ye hy keh may nay ATM kay leay 1 mah qabal apply ki hy .laken abi tuk mara ATM card nahi Aya.NBP ka ye process itna slow kew hy…..
    Syed Noor ul Hassan
    Bank : N.B.P
    Account No:1703-1
    Branch code: 1588
    Ashraf road peshawar

    Reply
  21. syed Noor ul hassan · Edit

    Janab e Ala! May govt servent ho.bohut zeyada qarzdar ho.may nay 11 nov 2014 ko adv salary wasol ki hy.kia mujy 100000 rupy nbp say qarz.e.hasana kay tor par mel saktay hy.ta keh may matloba raqam 5 sal may ada kro . Please janab. E .ala mujy.inform kejeay. May bohut zeyada maujboor ho.ta keh allah mujay as qarz ki azab say mahfooz kry.
    Jana-e – ala jo be treqa ho mujy bata dejey may omr bahar apka ihsanmund raho ga.thanks

    Reply
  22. Madam main army main hn main ny advance salary k ley nbp ki branch main visit kia to mujhy bank manager ny kaha k hm army walon ko loan nai dety q k in ki posting kisi or city main hojati hy to hamain prob hoti hy, kya madam waqaee asa hy k main army main hony ki wajah sy ye facility use nai krsakta? Halan k main govt employee hn

    Reply
  23. syed Noor ul hassan · Edit

    ASSALAM ALAKOM! JANAB E ALA MAY NAY AK DAFA NBP SAY ADVANCE SALARY WASOL KI HY.IN KA BAQYA BE MUJ HY.BARAHE KARAM KIA MAY DOBARA ESY DORAN DOBRA ADVANCE SALARY KAY SAKTA HO….PLEASE Mujy juld inform kejey.

    Reply
  24. Respected sir..i want loan of 60 lakh for purchading home and monthly income is one lakh..how muh monthly instalment should be pay..plz tell me..thanks..

    Reply
  25. i m a gazetted govt employee. 60 plus salary . i want to get one million loan for 3 years. how much monthly installment it would be please.

    Reply
  26. Dear madum.meri salery 18000 hai.mujh max kitana loan mil sakta hai 5 years k liye.or kitna interst banyga 5 years ka.monthy stalment kia bany gi ?

    Reply
  27. Dear mam i m waqar serving in govt dept and want to take loan 300000 on five yr inst plz tell me total intrest and monthlt instl plz. My monthly salary is 29 thousand

    Reply
  28. hello sir , I want to know about the complete terms and conditions of this scheme if there is any link please guide me, If not please tell me In case of death of the employee what are the rules and what % of monthly salary can be deducted at most – if in case 1 or 2 installments are short , what is the rule if there is balance available the 3rd month. Thanks

    Reply
  29. I’m a government servant ,I want advance salary one million
    Please caluate the total mark up and monthly instalment
    And total refund amount
    If we refund in 36. Or 48 instalment what will be mark up at this returning duration
    1. 1000000! Totel markup
    2. 650000 total mark up

    Reply
  30. SYED ZAIB ULLAH SHAH · Edit

    ASSALAM-O-ALAIKUM.
    SIR,
    I AM A GOVERNMENT SERVANT, WORKING IN BPS.17 AT HIGHER EDUCATION DEPARTMENT KPK SINCE 2006,
    I GET A SALARY MORE THAN 50,000 ON MCB,
    I WANT TO GET ADVANCE SALARY LOAN OF AMOUNT 5-LAC (500000),
    PLEASE PROVIDE THE COMPLETE INFORMATION REGARDING
    PROCEDURE,
    MONTHLY INSTALLMENT,
    totall markup on 500000,

    thanks

    Syed zaib ullah shah

    Reply
      1. syed zaib ULLAH Shah · Edit

        Assalam-O-Alaikum
        Dear mam,
        Ist of all very Thankful to you for your quick reply earlier.
        mam, as per your provided information, on the amount of 5lac, a total interest of 278216 @ of 12970 per month.
        if 19% interest applied on 5Lac ,then according to a simple calculation 95000 amount come as a interest,

        why 278216 instead of 95000?

        please informed?

        thanks

        Reply
  31. Dear i am working in bank of punjab in the capacity og grade II officer , my salary is 30000 , so can I awail this advance salary loan facility of amount Rs.500000…

    Reply
  32. I can not download loan calculator. Also my department is an autonomous body and the finance department is not agree to sign the bank loan application or any such documents then what I should do to get the benefit of bank loan. please reply me on my email address.

    Reply
  33. I had taken a NBP Advance salary in Aug 2010, and now I want to reschedule the loan. But bank manager refused, according to him, NBP restricted low scale(BPS1 to 12)employees to reschedule loan.
    can you help me to clear the real situation.
    thanks.

    Reply
        1. Dear ur remaining amount will be adjusted according to the balance statement that u is available in the bank or u can also prepare the same by using the same calculator.

          Reply
  34. I have a prob to open loan calculator. The file extention is .xlt
    Instead of .xls plz upload the relevent file type which may help me to open easily
    Regards

    Reply

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