Features
- 48 hours processing time for Loan after submission of all documents
- Interest Rate: Base Rate + up to 2.50% premium per annum
Facilities
The Muktinath Share Loan is a short-term loan facility that allows borrowers to obtain financing by pledging shares of companies listed on NEPSE. The loan can be used to purchase listed shares or for other bank-approved purposes. Financing is available up to the single obligor limit prescribed by NRB. The loan is offered for a maximum tenure of one year and may be renewed annually, subject to satisfactory repayment performance and compliance with the Bank's lending policies.
Requirements
- Copy of Citizenship Certificate
- Complete Loan Application Form
- Complete Know Your Customer(KYC) form
- Recently Taken passport size photo of the debtor and the householder
- Map of the residence of the debtor and the householder
- Copy of citizenship of the debtor and the householder
- Gross share certificate
- DMAT statement
- PAN Card
- National Identity Number (NID)
Fee Charges
- Administrative Charge – 1 %
- CIC Charge – Rs. 282.5 per inquiry(For No Transaction Report)
- Rs. 621.5 per inquiry (For Transaction Report)