
Civil Overdraft Card Loan
Purpose
To fulfill financial requirement of an individual
Loan Tenure: 1 year (Automatic renewal of loan upon satisfactory repayment)
Basic Eligibility Criteria:
Salaried individuals, professionals, consultants, and self-employed individuals (should be a permanent employee for at least 2 years)
Loan Limit: NPR 200K or 2 times of gross salary, whichever is lower
Features:
-Easy and swift processing
-OD loan nature in Debit Card.
-Automatic renewals of loan upon satisfactory repayment
-Hassel free documentations
-Interest is earned by the client in-case of positive balance maintained
Rates & Fees:
As per Bank’s Published Schedule of Interest rate
Repayment Mode: EQI Based