Nepal Bank Announces Interest Waiver Scheme for Loan Repayment and Regularization
Summary
Nepal Bank Limited has launched a scheme offering interest waivers to borrowers who repay or regularize their loans within specified deadlines.
Key Points
- Nepal Bank Limited has introduced an interest concession scheme for its borrowers.
- Borrowers with non-performing loans up to NPR 10 million before Chaitra 2079 BS can get interest waived if they repay by Ashadh 2083 BS.
- Loan customers with loans after Baisakh 1, 2080 BS can also avail interest concessions by regularizing loans by Chaitra 2082 BS.
- Borrowers must contact the nearest Nepal Bank branch to participate in the scheme and utilize the benefits.
