Loan Against Securities

Machhapuchchhre Bank Limited provides Loans against following security(s):

National Saving Bond (NSB)

Own Fixed Deposits (FD)

Development Bond (DB)

Foreign Currency (FCY) / Local Currency(LCY) Deposits

Purposes of Loan:

Business / personal Purpose

Loan Amount:

90 percent of the face value of security.

Repayment:

In the case of Loan against NSB, DB, FD and FCY/LCY Deposits, the loan can be repaid at the time of maturity or security or in convenient installments, as appraised and agreed to at the time of approval.

Other Features:

Nominal loan documentation fee
No charge on part pre-payment.
The borrower must be at least 21 years of age and the loan must be terminable before you reach the age of 60 years.