Kumari Bank launches a "Fone Loan" facility QR Merchants

KATHMANDU:Kumari Bank has launched a fone loan option, allowing QR merchants who deal using QR codes to easily obtain loans of up to two lakh rupees via the Kumari mobile banking app.

In particular, the bank anticipates attracting financial transactions of domestic, small, and medium entrepreneurs to digital channels, as well as expanding access to finance after entrepreneurs' minor financing needs are addressed.

Kumari Bank, which has been offering continuous banking services for the past 22 years, offers modern and effective services to its customers through a network of 302 branches, 314 ATMs, 49 extension counters, and 59 branchless banking units spread around the country.