Discipline Loan

Eligibility

Members who have successfully completed first loan cycle with good credit history...

Loan Amount

First loan disbursement limit till 2 years of membership Nrs. 5,00,000.
Second loan cycle disbursement limit after 2 years of membership Nrs. 7,00,000.

Repayment Period

Repayment period from 12 to 60 months

Interest Rate15%

Service Charge1.3%

Special Discipline Loan

Eligibility

Members who are affiliated with the bank for three years with good credit history and must have taken at least Nrs. 45,000 amount loan in last 3 years.

Loan Amount

Maximum loan disbursement limit Nrs. 40,000

Repayment Period

Repayment period from 6 months to 12 months

Interest rate15%

Service Charge1.3%

Emergency Loan

Eligibility

Provided to members in case of emergency that have at least Nrs. 200 in their optional saving account.

Loan Amount

First loan disbursement limit till 2 years of membership Nrs. 5,000.
Second loan cycle disbursement limit after 2 years of membership Nrs. 10,000.

Repayment Period

Repayment Period from 3 months to 12 months

Interest rate14.5% at decreasing rate

Service Charge 1%

Note:Penalty Provision: Any Breach in Loan Agreement or delay in payment of Installment in assigned timeline will result in 2 percent penalty on outstanding Loan Amount.