Kumari Bank enables loan access from term deposits via mobile banking app
When taking loans through the mobile banking app, there is also a 0.25% discount on the interest rate.
KATHMANDU: Kumari Bank has informed its depositors who have term and recurring deposits that they can easily avail up to 90% loan facility through Kumari Bank’s mobile banking app.
Previously, for availing this service, depositors had to be physically present at the bank’s branch, but now, with the bank’s latest app version, the importance of depositors’ time is being emphasized, enabling them to avail this service from the comfort of their homes.
When taking loans through the mobile banking app, there is also a 0.25% discount on the interest rate.
Such a type of loan application does not require any kind of paperwork, and the facility is available 24 hours a day through the mobile banking app, as announced by the bank publicly.
In cases where depositors feel the need for the deposit amount urgently, they can obtain the loan amount directly into their bank accounts with just a few clicks on the mobile banking app.
Kumari Bank has been consistently introducing various digital facilities in recent times, contributing significantly to the advancement of banking and digital sectors in Nepal.
With 302 branches, 315 ATMs, 50 extension counters, and 65 branchless banking units nationwide over the past 22 years, Kumari Bank has been providing its customer base with modern and effective services, showing commitment to delivering even more convenient, accessible, and excellent services in the days ahead.
