Rastriya Banijya Bank Launches Collateral-Free Digital Loan Service “RBB Foneloan”

Summary

Rastriya Banijya Bank has launched "RBB Foneloan," a collateral-free digital loan service integrated into its mobile app, offering up to Rs. 100,000 loans without paperwork for salaried account holders.

Key Points
  • Rastriya Banijya Bank signed an agreement with Foneloan Private Limited to launch a digital lending product.
  • The "RBB Foneloan" service allows collateral-free loans up to Rs. 100,000 via the bank's mobile app.
  • This service is currently available to salaried account holders based on their transaction history.
  • Rastriya Banijya Bank serves over 47 lakh customers across all seven provinces of Nepal.
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