Muktinath Bikas Bank reduces interest rate for hire purchase loan; borrowers to receive respite of 2% during ongoing difficult days

Mon, Aug 17, 2020 10:05 PM on Latest, Corporate,

Muktinath Bikas Bank has reduced interest rate for its hire purchase loan by 2% beginning from Bhadra 1, 2077.

After the reduction, customers who are utilizing vehicle loan scheme of the bank for their enterprise will now get some respite from the ongoing difficult situation of COVID infection and subsequent lockdowns, as per the media statement.

The leading development bank currently has its presence in 42 districts via 138 branches