NIC Asia Bank Launches New 'Gold Loan' Scheme with Competitive Interest Rates
Summary
NIC Asia Bank has introduced a new Gold Loan scheme offering up to NPR 5 million at competitive interest rates with quick processing through dedicated support centers.
Key Points
- NIC Asia Bank launched a new Gold Loan scheme allowing customers to pledge gold or jewelry as collateral.
- The loan amount can go up to NPR 5 million with an interest rate premium of 1 to 3 percent over the base rate.
- Customers can receive loans of 70 to 80 percent of the market value of their pledged collateral.
- The bank has set up a Loan Assistance Center for easier loan processing and customer support.
