• Advances against primary security of shares in dematerialized form to be granted to Individuals /Firms/Companies to meet their requirements

• Individuals/ Firms/ Companies
• Shares of Companies listed in NEPSE & approved by bank to be pledged
• Shares to be transferable in bank’s name

• However, the amount of Advances shall be within the NRB guidelines/ Internal guidelines

• Overdraft/ Demand loan (OD for individual maximum upto Rs. 500.00 Lacs)

• Margin – 35% (For Ordinary Shares)

(The value of shares to be calculated on basis of average closing price of previous 180 working days published by Nepal Stock Exchange or prevailing market price of shares whichever is less).

• Margin – 50% (For Promoter Share of BFIs)

Value of shares shall be calculated on the basis of 50% of average closing price of 180 days of ordinary shares or Last Traded Price of promoters shares whichever is lower.

1. Margins shall in no case be less than the margin stipulated/amended by NRB.
2. Drawing power shall be calculated at weekly intervals.
3. Once the loan has been extended either the upward revision of the credit limit or grant of additional credit is not allowed by way of revaluating the value of such pledged shares.

• Competitive rate (subject to change)

• Subject to renewal (OD only) upon satisfactory performance.

• Earmarked/Rokka of shares with Security Exchange Board in Bank’s name