eSewa and Citizens Bank Launch ‘Swabalamban Karja’ for Persons with Disabilities
Summary
eSewa and Citizens Bank International Limited have launched ‘Swabalamban Karja,’ a digital loan facility designed to make formal credit more accessible to persons with disabilities. Eligible applicants can apply through the eSewa app for loans of Rs. 10,000 to Rs. 200,000 at 9.99% annual interest.
Key Points
- eSewa and Citizens Bank International Limited have introduced ‘Swabalamban Karja’ to improve access to formal credit for persons with disabilities.
- Applicants can apply directly through the eSewa app, reducing paperwork and the need for physical visits.
- The loan offers amounts from Rs. 10,000 to Rs. 200,000 at an annual interest rate of 9.99% with a 0.75% processing fee.
- The launch event in Kathmandu included representatives from the National Federation of the Disabled Nepal and development partners.
