Deprived Loan

Deprive sector loan scheme (indirect lending)

Purpose

  • Indirect financing under Deprived Sector.

Eligibility

  • To different institutions (As per NRB Stipulation).

Limit

  • Need-based Finance.

Facility

  • OD Loan/ Demand Loan/ Term Loan.

Interest rate

  • Competitive rate  (subject to change)

Repayment

  • OD/ DL: Maximum 1 year, subject to renewal on a yearly basis
  • For TL-Maximum 5 years

Security

  •  Charge/ registration over financed assets or its products.

Deprive sector loan scheme (direct lending)

Purpose

  • For financing Deprived Sector (Direct lending other than under Youth and Small Entrepreneurs)

Eligibility

  • Low income and especially socially backward women, tribal people, dalit, blind, hearing impaired and differently able persons, marginalized community and small farmers, crafts-men, labour and landless squatters family. All micro-credits extended for the operation of self-employment oriented micro-enterprises for the upliftment of economic and social status of deprived sector up to the limit specified by Nepal Rastra Bank

Limit

  • Need-based Finance (As per NRB Stipulation).

Margin

  • Minimum 25% margin (on borrower’s declaration basis).

Facility

  • OD Loan/ Demand Loan/ Term Loan.

Interest rate

  • Competitive rate (subject to change)

Repayment

  • OD/ DL: Maximum 1 year.

  • For TL-Maximum 5 years at branch power

Security

  • Charge/registration over financed assets or its products.