Kumari Bank brings EMI based loan payment scheme

ITAHARI: DEC. 7 – Kumari Bank has revised its Foneloan plan, allowing consumers to repay the loan in EMIs.

Customers with salary accounts at the bank may apply for loans ranging from Rs 1000 to Rs 2 lakh through their MoBanking service, with EMI terms ranging from one month to twelve months based on their earnings, according to a media statement.

Customers may presently access the bank’s services through 196 branches, 177 ATM machines, 14 extension counters, and 36 branchless banking units.