Siddhartha Bank Launches ‘Siddhartha Gold Loan’ Scheme

Summary

Siddhartha Bank Limited has launched the 'Siddhartha Gold Loan' scheme providing loans up to NPR 5 million against pledged gold at its New Road Gate Branch in Kathmandu.

Key Points
  • Siddhartha Bank Limited introduces the 'Siddhartha Gold Loan' scheme.
  • Loans up to NPR 5 million can be obtained by pledging gold or gold jewellery as collateral.
  • Financing is available up to 75% of the assessed value of the pledged gold.
  • The scheme is currently offered at the bank's New Road Gate Branch in Kathmandu with support from the 24-hour Siddhartha Care service.
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