Cheap loan from Mega Bank to readymade garment manufacturers

KATHMANDU: Mega Bank Nepal Limited is going to provide cheap and attractive loan facility to the businessmen affiliated to Nepal Local Readymade Garment Producers Association.

As per the agreement reached between Mega Bank and Nepal Local Readymade Garment Manufacturers Association, Mega Bank has agreed to provide loan facility at attractive interest rate to all the businessmen affiliated to the association.

Mega Bank will also provide other loans required for conducting business in accordance with the procedure of interest subsidy for concessional loans of Nepal Rastra Bank and the loan policy of the bank.

The agreement will help entrepreneurs affiliated to the Nepal Local Readymade Garment Manufacturers Association to promote their business, Mega Bank said. Entrepreneurs can avail this loan facility through all 204 branch offices of Mega Bank, the bank said.