| Product Name |
MICROFINANCE LOAN |
| Purpose |
To provide wholesale deprived sector lending as required by NRB Directive. |
| Loan Amount |
Minimum 2 Million, Maximum 50 Million |
| Interest Rate |
Base Rate + up to 5% premium |
| CIC Charge |
Rs. 250 per inquiry (For No Transaction Report) Rs. 550 per inquiry (For Transaction Report) |
| Requirements/Document Required |
- Passport-size photograph of the applicant with the application .
- Applicant’s Citizenship certificate.
- Photographs and Citizenship Certificate of Guarantors..
- Firm/Partnership/Company/Institution registration documents.
- PAN/VAT Registration Some other document may be required as per the loan type.
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