Banijaya Bank to promote entrepreneurship among more farmer groups; inks MoU with Belbari nagarpalika of Morang to extend subsidized credit facility up to 5 lakh

Rastriya Banijaya Bank and Belbari Nagarpalika have entered into an agreement to provide subsidized loan of upto Rs 5 lakh to the skilled residents belonging to the nagarpalika.

The MoU was signed between CEO of the bank Mr. Kiran Kumar Shrestha and Mayor of the local unit Mr. Gyanendra Subedi amid a program.

Following this understanding, the bank will extend subsidized credit facility of Rs 5 lakh to the skillful human resource from the nagarpalika vicinity who approach the bank in a farmers’ group of minimum five members after receiving a forwarded recommendation from the respective local unit, as per the media statement.