Machhapuchchhre Bank Expands MBL Smart Loan to QR Merchants

Summary

Machhapuchchhre Bank has expanded its MBL Smart Loan service to QR merchants, offering a fully digital pre-approved loan accessible via the MBL M-Smart App to support small businesses in Nepal.

Key Points
  • Machhapuchchhre Bank expanded its MBL Smart Loan service to include QR merchants.
  • The loan is fully digital, pre-approved, and accessible through the MBL M-Smart App with minimal documentation.
  • The initiative supports financial inclusion, paperless lending, and green banking.
  • Machhapuchchhre Bank currently serves over 1.8 million customers through 274 service points and 199 ATMs nationwide.
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