Machhapuchchhre Bank festival loan discount scheme

KATHMANDU:Machhapuchchhre Bank Limited has introduced a credit facility discount scheme to coincide with Nepal's grand festival.

Loans would be provided to home loan customers at a premium interest rate of 0.5 percent on the base rate under the plan, which targets loans for the Teej, Dashain, Tihar, and Chhath festivals.

If the same customer wishes to obtain a car loan, the loan will be given at a 0.5 percent premium interest rate over the base rate.

Furthermore, the bank stated that if the customer who takes out the loan want to get a credit card, they will be get for a special discount.

Similarly, for small and medium loans of up to one crore rupees, the bank will provide a 1% premium interest rate on the base rate. 

This promotion will be valid till September 16th.