Working Capital Loan


Working Capital

Machhapuchchhre Bank Limited offers following products at competitive price to finance your current assets (working capital). We take care of your business requirement whether you are big or small. Please select the product best suited to your business requirement:
  • Overdraft / Cash Credit
  • Short Term Loan / Demand Loan
  • SME Loan
You can avail the above loan to finance your permanent as well as seasonal need of working capital. The loan will be initially approved for one year or lesser period and can be renewed on annual basis or after mutually agreed period, based on your account's performance and requirement of the business.

Documents Required:

  • Financial Statements of last three years (Cash Flow Statement, Balance Sheet, Profit & Loss Account), if applicable.
  • Projected Financials for current and future five years (Cash Flow Statement, Balance Sheet, Profit & Loss Account).
  • Profile of Company and its Director(s) or Firm and its Partners / Proprietor.
  • Registration documents of the company / Firm (renewed, as applicable).
  • Recent statistics of Production, Sales, Stock and book debts. (As applicable).
  • Loan Application Form.
  • Other documents as sought by the Bank

Security Requirements:

  • General Letter of Hypothecation, where current assets are hypothecated.
  • Personal Guarantee of Directors / Partners / Proprietor.
  • Promissory Note and Loan Deed.
  • Mortgage Deed, where mortgage over Fixed Assets.
  • Other documents as sought by the Bank

Interest Rates: 

  • Interest will be charged on quarterly or monthly basis (Nepali calendar).

Other terms and conditions will be as decided by the bank from time to time.
For more details, please contact our nearest branch