Mahalaxmi Bank releases impactful financial literacy video on loans
The video highlights the various possibilities and the significant responsibilities that come with taking loans from the bank.
KATHMANDU: Mahalaxmi Bikas Bank has made a financially literacy-focused video public about loans.
The video highlights the various possibilities and the significant responsibilities that come with taking loans from the bank.
It stresses the importance of utilizing the loan amount responsibly and only for the intended purposes, such as education or business.
Emphasizing the need for timely loan repayment, the video mentions the risks of defaulting on payments, leading to penalties and reduced opportunities for future loans.
The bank advocates for a good relationship with borrowers, offering assistance when needed, and provides various conveniences, such as timely installment payments and opportunities for future loans.
Furthermore, it warns borrowers about the consequences of defaulting on loans, which could close doors to future financial opportunities.
The bank urges borrowers to keep in mind the advice provided in the video for a prosperous and secure financial journey and requests timely repayment for the benefit of both parties.
