Muktinath Bikas Bank Unveils Special Agriculture and SME Loan Scheme for Festive Season
Summary
Muktinath Bikas Bank Limited has launched a festive-season loan scheme for agriculture and SME businesses, offering a premium rate starting from 0.50% above base rate. The bank is also giving a 25% discount on loan administrative charges across its 176 branches nationwide.
Key Points
- Muktinath Bikas Bank Limited has introduced a special loan scheme for agriculture and SME businesses during Teej, Dashain, Tihar and Chhath.
- Eligible borrowers can access loans at a premium starting from 0.50% over the bank’s base rate.
- The bank is offering a 25% discount on loan administrative charges.
- The scheme can be used for business expansion, working capital and loan swaps from other banks and financial institutions.
