Deprived Loan

Deprive sector loan scheme (indirect lending)

Purpose
  • Indirect financing under Deprived Sector.
Eligibility
  • To different institutions (As per NRB Stipulation).
Limit
  • Need-based Finance.
Facility
  • OD Loan/ Demand Loan/ Term Loan.
Interest rate
  • Competitive rate  (subject to change)
Repayment
  • OD/ DL: Maximum 1 year, subject to renewal on a yearly basis
  • For TL-Maximum 5 years
Security
  •  Charge/ registration over financed assets or its products.

Deprive sector loan scheme (direct lending)

 

Purpose
  • For financing Deprived Sector (Direct lending other than under Youth and Small Entrepreneurs)
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 squatters 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
  • OD Loan/ Demand Loan/ Term Loan.
Interest rate
  • Competitive rate (subject to change)
Repayment
  • OD/ DL: Maximum 1 year.
  • For TL-Maximum 5 years at branch power
Security
  • Charge/registration over financed assets or its products.  Â