Cooperation between Kumari Bank and Thamel Tourism Development Council

Kathmandu. Kumari Bank and Thamel Tourism Development Council have agreed to cooperate to provide Thamel Tourism Business Revival Credit Service to revive the tourism business affected by the Covid epidemic.

The loan facility will be provided to the registered member entrepreneurs affiliated to Thamel Tourism Development Council under the cooperation, the bank said.

The limit of term loan including current capital loan will be maximum Rs. 1.5 million. The bank has informed that it will invest for the operation of the loan business and management of administrative expenses. The loan will be provided at attractive interest rate and minimum administrative fee.

Providing state-of-the-art banking services from a nationwide network of 192 branches, 156 ATMs, 23 branchless banking units and 13 extension counters, Kumari Bank is committed to working more effectively to develop the local economy, especially the tourism business.