NIC ASIA Bank slashes its premium rate to maximum 3%; interest rate to be charged as high as 13.7%
NIC ASIA Bank has reduced premium rates in all of its loan schemes to the maximum of 3%.
With this revision, customers can receive loans with maximum 13.7% interest where 3% premium is added to its 10.7% base rate. This scheme will be available in all loan products except the mobile loan and credit card service, as per the media statement.
The bank currently has 360 branches, 111 extension counters, 55 branchless banking units and 656 ATM booths under its network all over the nation.
