| Purpose |
- For financing Deprived Sector (Direct lending)
|
| Eligibility |
- Low income and especially socially backward women, tribal people, dalit, blind, hearing impaired and differently able persons, marginalized community and small farmers, crafts-men, labour and landless family. All micro-credits extended for the operation of self-employment oriented micro-enterprises for the upliftment of economic and social status of deprived sector up to the limit specified by Nepal Rastra Bank
|
| Limit |
- Need-based Finance (As per NRB Stipulation).
|
| Margin |
- Minimum 25% margin (on borrower’s declaration basis).
|
| Facility |
- Cash Credit/ Permanent Working Capital/ Term Loan.
|
| Interest rate |
- Competitive rate (subject to change)
|
| Repayment |
- Cash Credit: Maximum 1 year.
- Permanent Working Capital: 3 to 10 years
- For TL-Maximum 10 years at branch power
|
| Security |
- Charge/registration over financed assets or its products.
|
