Bank has offered various concessional loans for paving the way for unemployed educated youths, returnee migrant works, women entrepreneurs, Dalits, earthquake victims, other targeted groups as Subsidized loans. Details of various subsidized loans are as follows:
1. Commercial Agriculture and Livestock Loan
Purpose: | To meet the financial requirement for commercial agricultural and livestock farming (e.g: seed plantation, vegetable, forestry, Horticulture, Animal Husbandry, production, processing, stocking and selling and distribution) |
Nature: | Terminating loan payable in Equal Monthly Installment |
Loan Size: | Minimum of NPR 50,000.00 and Maximum of NPR 50.00 Million |
Tenure: | Minimum: 1 year
Maximum: 5 years |
Rate of interests: | Base Rate of last month plus Premium Rate @ 2% minus Interest Subsidy of 5% (No other charges) |
Eligibility Criteria:
2. Educated Youth Self Employment Loan
Purpose: | To meet the financial requirement to jobless educated individuals to start a business |
Nature: | Terminating loan payable in Equal Monthly Installment |
Loan Size: | Minimum of NPR 50,000.00 and Maximum of NPR 700,000 |
Tenure: | Minimum: 1 year
Maximum: 5 years |
Rate of interests: | Base Rate of last month plus Premium Rate @ 2% minus Interest Subsidy of 5% (No other charges) |
Eligibility Criteria:
3. Foreign Employment Returnee Project Loan
Purpose: | To meet the financial requirement for doing various businesses |
Nature: | Terminating loan payable in Equal Monthly Installment |
Loan Size: | Minimum of NPR 50,000.00 and Maximum of NPR 1.00 Million |
Tenure: | Minimum: 1 year
Maximum: 5 years |
Rate of interests: | Base Rate of last month plus Premium Rate @ 2% minus Interest Subsidy of 5% (No other charges) |
Eligibility Criteria:
4. Women Entrepreneurship Loan
Purpose: | To meet the financial requirement of the woman for encouraging them to start business venture |
Nature: | Terminating loan payable in Equal Monthly Installment |
Loan Size: | Minimum of NPR 50,000.00 and Maximum of NPR 1.50 Million |
Tenure: | Minimum: 1 year
Maximum: 5 years |
Rate of interests: | Base Rate of last month plus Premium Rate @ 2% minus Interest Subsidy of 6% (No other charges) |
Eligibility Criteria:
5. Dalit Community Entrepreneurship Development Loan
Purpose: | To meet the financial requirement of the youth under Dalit Community to start business for modernizing and promoting the traditional skill and occupation of Dalit Community. |
Nature: | Terminating loan payable in Equal Monthly Installment |
Loan Size: | Minimum of NPR 50,000.00 and Maximum of NPR 1.00 Million |
Tenure: | Minimum: 1 year
Maximum: 5 years |
Rate of interests: | Base Rate of last month plus Premium Rate @ 2% minus Interest Subsidy of 5% (No other charges) |
Eligibility Criteria:
6. Higher & Technological or Vocational Education Loan
Purpose: | To meet the financial requirement of the student to pursue higher, Technological and Vocational bachelor level or higher studies defined by Nepal Government. |
Nature: | Terminating loan payable in Equal Monthly Installment |
Loan Size: | Minimum of NPR 50,000.00 and Maximum of NPR 500,000.00 |
Tenure: | Minimum: 1 year
Maximum: 5 years |
Rate of interests: | Base Rate of last month plus Premium Rate @ 2% minus Interest Subsidy of 5% (No other charges) |
Eligibility Criteria:
7. Earthquake Victims Residence Construction Loan
Purpose: | To support the earthquake victims to construct the residential building for personal use. |
Nature: | Terminating loan payable in Equal Monthly Installment |
Loan Size: | Minimum of NPR 50,000.00 and Maximum of NPR 300,000.00 |
Tenure: | Minimum: 1 year
Maximum: 5 years |
Rate of interests: | Base Rate of last month plus Premium Rate @ 2% minus Interest Subsidy of 5% (No other charges) |
Eligibility Criteria:
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