Nepal Investment Mega Bank launches 'NIMB Smartloan'.

KATHMANDU:Nepal Investment Mega Bank (NIMB) is going to provide loans through its mobile banking. Smartloan facility has been launched through NIMB mobile banking app.

According to the bank, through this facility, the customer can take a loan of up to five lakh rupees through the app. The bank has also provided an option to repay its loan in different time periods for easy payment of the loan.

In this, the customer can pay the loan within 1 month or up to a maximum of 36 months on the basis of simple installments. Also, it is said that there is a prepayment arrangement for customers who want to pay their loan amount at once.