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|
|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 4% p.a. over the Base Rate.|
- 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.