Citizens Margin Lending
The Bank provides loan against the shares of selected companies listed in the Nepal Stock Exchange (NEPSE).
| Purpose: | To meet personal financial obligations or for investment in shares/business against listed stock in NEPSE |
| Nature: | Overdraft |
| Tenure: | 1 year revolving facility |
| Loan Portion: | Up to 50% of the 180 days average price or previous day’s closing price whichever is lower of the shares pledged. |
| Rate of Interest: | Premium of 1% to 7% p.a. over the Base Rate. |
Eligibility Criteria:
- The applicant must be at least 18 years and should not exceed 65 years at the time of maturity.
- Any business unit in operation registered with government entity.
- Shares of Companies listed in NEPSE & as per Bank’s acceptable list of shares.
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