NIC Asia Bank Launches Attractive Gold Loan Scheme with Competitive Interest Rates
Summary
NIC Asia Bank has launched an attractive Gold Loan scheme offering competitive interest rates with a 1–3% premium and loans up to NPR 50 lakh against gold collateral.
Key Points
- NIC Asia Bank has introduced a new Gold Loan scheme with competitive interest rates plus a 1–3% premium facility.
- Customers can borrow up to NPR 50 lakh by pledging gold bars or jewelry, receiving 70–80% of the market value.
- The loan amount can also be used for purchasing jewelry.
- A dedicated ‘Loan Assistance Center’ has been established at designated branches to facilitate customers and address their queries.
