Machhapuchchhre Bank Launches MBL IT Loan to Support Nepal’s Tech Sector

Machhapuchchhre Bank Limited has introduced a new loan scheme called “MBL IT Loan” to promote digital transformation and support IT entrepreneurs in Nepal. The initiative aims to encourage innovation in the technology sector and strengthen the country’s growing IT industry. The loan will provide easier access to financing for IT and software companies to manage working capital, infrastructure, and business expansion.

Eligible applicants include registered IT firms, partnerships, and private limited companies that are tax-compliant and have been operating for at least two years. The scheme targets businesses involved in areas such as software development, IT outsourcing, cybersecurity, fintech, artificial intelligence, and machine learning.