Notice/News Publication |
Overview
Machhapuchchhre Bank Limited provides loans against approved securities, allowing borrowers to leverage their investments for business or personal needs.
Other Features
1
Nominal loan documentation fee
2
No charge on part pre-payment.
3
The borrower must be at least 21 years of age and the loan must be terminable before you reach the age of 60 years.
Eligible Securities
• National Saving Bond (NSB)
• Own Fixed Deposits (FD)
• Development Bond (DB)
• Foreign Currency (FCY) / Local Currency (LCY) Deposits
Loan Details
• Purpose: Business or personal use
• Loan Amount: Up to 90% of the face value of the security
Repayment
• Loan against NSB, DB, FD, and FCY/LCY deposits can be repaid at the time of security maturity or in convenient installments as agreed during approval