Kumari Bank brings new home loan scheme with 11.79% fixed interest rate; interest to remain stable for first 7 years

Kumari Bank has launched a new home loan scheme with an unchanging interest rate.

The bank has declared to provide home loans at 11.79% interest which won’t be changed for the first seven years. one can avail of this loan to purchase new homes/apartments, construct or renovate their homes according to their need, as per the media statement.

The bank currently serves its customers via its 302 branches, 308 ATM outlets, 63 branchless banking units and 49 extension counters in its network.