. Nabil Bank, one of the leading commercial banks of Nepal, has launched a new scheme called ‘Gold Purchase Loan’ targeting the general public. Through this scheme, customers can buy gold with easy process, attractive interest rate and monthly installments.
According to the bank, this scheme has been introduced targeting the customers who are unable to pay a large amount at a time when the price of gold is high in the market.TAG_OPEN_p_38 It is believed that this will provide an opportunity to the customers to buy the required gold by making financial management easier.
Under the ‘Gold Purchase Loan’ scheme, customers will be able to purchase gold by taking a loan from the bank after completing the necessary paperwork.TAG_OPEN_p_37 The loan amount will be determined according to the customer’s income, repayment capacity and the bank’s policy.
Highlights
Loans will be available at competitive interest rates, reducing the financial burden on customers
Customers can easily repay the loan in monthly installments
Free insurance facility will be available on the purchased gold, which ensures the safety of the customer’
s property.
Less paperwork and faster approval process.
Who can borrow ?
According to the bank, individuals with regular income, businessmen, professionals and eligible customers can take this loan. Applicants will have to submit documents and other necessary details to prove their source of income.
Why is this scheme useful?
Gold is very important in marriages, festivals and cultural traditions in Nepal. However, due to the rising prices, it is difficult for many to buy gold at once. In such a situation, this scheme of Nabil Bank can be a suitable option.
According to the bank representatives, the scheme is customer-friendly and can apply through digital and branch channels. In addition, flexible payment tenures will also be provided as per customer’s requirement.
How to contact ?
For any information about this scheme, interested customers can contact Nabil Bank’s customer care center.
Phone: 01-5970015
Email: [email protected]
