|
Purpose |
To meet the financial requirement of youth individual to start business as directed by prevailing law related to industrial business |
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Nature |
Terminating loan payable in Equal Monthly Installment |
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Loan Size |
Maximum up to NPR 500,000.00 |
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Tenure |
Maximum 5 years |
|
Rate of interest |
Average Base Rate of last three consecutive month plus Premium Rate @2% minus Interest Subsidy of 5% |
What you need to apply
Eligibility Criteria
- Borrower should have minimum Academic Qualification of SLC or SEE or Equivalent.
- Required to submit original academic certificate as collateral.
- The applicant must have taken at least 7 days’ entrepreneurship or skills training from government entity viz; Department of Cottage and Small Industries, Vocational and Skill Development Training Centre, Council for Technical Education & Vocational Training (CTEVT) etc. Or the applicant can present proof of such skill development training after approval of the loan.
In Need of Assistance?
We're here to help you. If you have questions or can’t apply online, call 16600166667 Support Center 01-5970068