Muktinath Bikas Bank Signs Agreement with Nagarjun Municipality for Concessional Loans
Summary
Muktinath Bikas Bank and Nagarjun Municipality have signed an agreement to provide concessional loans up to Rs 200,000 to promote agriculture, tourism, small and medium enterprises, and women entrepreneurship.
Key Points
- Muktinath Bikas Bank signed an agreement with Nagarjun Municipality to provide concessional loans.
- The loans aim to promote agriculture, tourism, SMEs, and women entrepreneurship.
- Eligible entrepreneurs can obtain collateral-free loans up to Rs 200,000.
- Borrowers will receive 100% interest subsidy under the municipality's subsidy procedure.
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