Kamana Sewa Bikash Bank to provide 100% discount on interest for the month of Bhadra; small borrowers purchasing auto rickshaws to receive the maximum benefit

Fri, Sep 18, 2020 6:08 AM on Latest, Corporate,

Kamana Sewa Bikash Bank has announced to provide a 100% interest discount to its borrowers who have used its hire purchase loan to purchase auto rickshaws so as to earn their daily livelihood.

The bank will provide a 100% interest rebate for the month of Bhadra to those borrowers who successfully clear all their due amounts until the end of Bhadra, as per the media statement.

Moreover, the bank will also provide a 30% rebate on the interest for the month of Bhadra to the borrowers who are using its hire purchase credit scheme to operate public transportation. The bank will also reduce the interest rate to both categories of borrowers to 9.99% who clear all their due amount by the stipulated time, as per the media statement.

Kamana Sewa Bikas Bank currently provides its services via 124 branches and 66 ATM booths.