Rastriya Banijya Bank Expands Affordable Agricultural Lending Across Nepal
Summary
Rastriya Banijya Bank Limited has disbursed over Rs. 39.53 billion in low-interest agricultural loans across Nepal, supporting farmers and agribusinesses with affordable credit and financial awareness programs.
Key Points
- Rastriya Banijya Bank Limited has provided over Rs. 39.53 billion in concessional agricultural loans by the end of Chait 2082.
- The bank offers province-specific loans up to Rs. 5 million at 4.75% interest and small farmer loans up to Rs. 1 million without processing fees.
- It has established an Agriculture and Social Banking Department and placed agricultural experts across 314 branches nationwide.
- The bank conducts financial awareness programs to increase access to credit and support rural economic development.
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