nerude@wlink.com.np | ☎ 021-463032,462101                                                                                                                                    Notices 

Collateral Loan

a) Micro Business Loan
Nerude provides this loan to its First Year member  and who are willing to extend their business. This is collateral based loan.

b) Foreign Employment Loan
This loan is used for the family member of the client to go abroad for foreign employment. Bank offers this loan to those clients who have completed third year loan cycle with good repayment performance. This is collateral based loan.

c) Education Loan
This loan is used for the children of the client to study and get degree of technical and vocational education. Bank offers this loan to those clients who have utilized General loan with good repayment performance. This is collateral based loan.

d) House Loan
This loan is used for This is collateral based loan.

Note:-

a) Interest Rate is 18% for General, Seasonal, Special and Social Loan. 
b) Interest Rate is (16-18)% for Alternative Energy Loan.
c) Interest Rate is 18% for Micro Business, Foreign Employment, Education and House Loan.
d)1% services charge will be charged above Rs. 20,000 loan.