Pokhara Finance opens 10th branch in Lahachowk

Pokhara Finance Limited has opened its 10^th branch office in Lahachowk, Kaski.  The branch was inaugurated by the Chairman of the VDC, Mr. Karna Bahadur Gurung. “The outlet was established with the aim to provide access of financial institutions in the rural areas of the country” added Mr.Gurung. Issuing a press statement published today, Pokhara Finance stated that, it has a paid up capital of Rs 65.57 crore with reserve of Rs 42 crore 53 lakhs . The finance company has collected Rs 3 arba 80 crore 35 lakhs in deposits and disbursed Rs 3 arba 53 crore 70 lakhs in loans till Ashwin end. The new branch aims to provide loan, deposit and other facilities. Also, in the upcoming days, the company aspires to provide 15 percent right shares and provide bonus share from the profit it made in the last FY 2073/74 in order to meet the paid up requirement of Rs 80 crore, added in the statement.