Civil bank new product

KATHMANDU:

To overcome the severe problems being faced by people due to the load-shedding, Civil Bank has launched a loan product ‘Civil Bank Shaurya Shakti Karza’ for financing solar power system/equipment. The minimum amount of loan under this product is Rs 100,000 and the bank will finance up to 90 per cent of the cost with a maximum tenure of five years. One can easily get this loan by simply hypothecating the purchased solar system/equipment. This new loan product is developed with a view to relieve the people to an extent from increasing load-shedding problems.

Source: THT