The Bank provides loan against the shares of selected companies listed in the Nepal Stock Exchange (NEPSE).
Purpose: | To meet financial obligations for investment in shares/Mutual fund/Debenture or refinancing the existing investment made in shares. |
Nature: | Revolving and Non-Revolving (Demand Loan) |
Loan Size: |
Revolving Type: up to NPR 5.0 Million for Individuals Non-Revolving Type Facility: up to NPR 150.0 Million for Individuals. (The above maximum loan amount is for Single Oblgor. Also, the loan amont from all BFIs shall not exceed NPR 150.0 million of Single Obligor in case of individual borrower) |
Tenure: | 1 year for revolving and non-revolving facility |
Pledge over the acceptable ordinary shares
Pledge over the acceptable promoter shares
Pledge over the acceptable mutual fund/Debenture
|
Eligibility Criteria:
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