Machhapuchchhre Bank to provide affordable credit facility to preschool educators and their business; inks MoU to provide credit facility up to Rs 15 lakh

Machhapuchchhre Bank has inked an agreement with the Nepal Association of Pre-school educators to provide affordable credit facilities to the members associated with the organization.

The agreement for the same was signed between the head of the Institutional and Infrastructural Loan Department in the bank Mr. Suvash Jamarkatel and the head of the association Mr. Badri Prashad Dahal amid a program.

After this agreement, the bank will provide a loan facility of Rs 1 lakh to 15 lakh to the members of the association at an affordable interest rate, as per the media statement.

The bank currently serves its customers via 160 branches, 133 branchless banking units, 5 extension counters, 198 ATM booths and more than 1000 POS terminals throughout the nation.