Kathmandu. KATHMANDU: Nepal Rastra Bank (NRB) has amended its guidelines on lending through electronic means. In the revised guidance, the maximum limit of the loan has now been fixed according to the nature of the customer. <\/p>\n
According to the revised guidelines, the maximum limit for financial loan has been set at Rs 5 lakh for a natural person having salary and professional and business income deposit account in banks and financial institutions. The repayment period of this loan should be 3 years. <\/p>\n
Similarly, in case of other natural persons, the maximum limit of such loan is Rs 200,000 and the repayment period is 3 years, for micro, small and medium enterprises (short term working capital loan) up to Rs 500,000 and repayment period of one year and for micro, small and medium enterprises (long-term working capital loan) the concerned banks and financial institutions can determine the repayment period as per their current capital loan policy. g. <\/p>\n
As per the earlier guidelines, customers having salary accounts with banks and financial institutions or those with professional and business income deposits can avail loans up to Rs 5 lakh and other customers can avail loans up to Rs 2 lakh. Such loans would be valid for a maximum period of 3 years and could be repaid in one go or in installments while issuing or repaying the loan. <\/p>\n
The central bank has amended its guidelines to include micro, small and medium enterprises (MSMEs). The central bank has directed the banks and financial institutions (BFIs) to provide e-loan as per the amended provision.<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. KATHMANDU: Nepal Rastra Bank (NRB) has amended its guidelines on lending through electronic means. In the revised guidance, the maximum limit of the loan has now been fixed according to the nature of the customer. According to the revised guidelines, the maximum limit for financial loan has been set at Rs 5 lakh for […]<\/p>\n","protected":false},"author":16,"featured_media":302583,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45117,45031,45159],"tags":[],"class_list":["post-302585","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bank-finance-en","category-banner-news-en","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/302585","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=302585"}],"version-history":[{"count":1,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/302585\/revisions"}],"predecessor-version":[{"id":302586,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/302585\/revisions\/302586"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/302583"}],"wp:attachment":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=302585"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=302585"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=302585"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}