Festival Loan

Eligibility –

  1. Regular employee of Government, Government Corporation, Joint Corporation, Private Companies (where employees are entitled to PF and gratuity) with minimum of 2 years confirmed service.
  2. Guarantor of same grade or higher from the same Ministry with minimum of 3 years confirmed service should be obtained.
  3. For the private firms/Companies, the Employer has to guarantee the loans of their employees.
  4. Self Employed person – security must be provided

Rate of interest: 12.83%

Quantum: Maximum of Nu 300,000/-

Tenure: Maximum 5 years.

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