Kumari Bank sets maximum 3.5% premium rate for borrowers’ loan insurance
This new rate will apply to all new and existing clients who take out any other sort of loan from this bank, save phone loans and credit cards.
KATHMANDU: Kumari Bank Limited decided to reduce the loan premium rate in light of the services and facilities provided to its customers.
With effect from Jan 1, 2024, the loan’s premium rate will be limited to a maximum of 3.5%.
This new rate will apply to all new and existing clients who take out any other sort of loan from this bank, save phone loans and credit cards.
Kumari Bank has decided to reduced the premium rate in order to make its clients’ financial operations more sustainable.
Kumari Bank has been offering numerous initiatives to address the ever-changing financial landscape and the dynamic demands of its consumers.
The Bank is always ready to contribute to the success of its clients and communities, continuing its legacy of excellence in financial services.
Kumari Bank, which has been providing state-of-the-art financial services through its country-wide network of 309 branches, 320 ATMs, 65 branchless banking units and 49 extension counters, has pledged to expand its more effective and customer-oriented services in the future.
