NIC Asia Bank launches Personal Loan; No collateral required

NIC ASIA Bank Limited (NICA) has launched a new product named “NIC ASIA Personal Loan”. This product is an EMI based loan without requirement of any collateral. The ‘Personal Loan’ product has been launched with an aim to cater financial needs of professionals like doctors, engineers, chartered accountants, insurance professionals, and others having regular employment and stable source of income. The bank may sanction limit up to NPR 1.5 Million to each individual with maximum tenure of five years. Interested candidates can send SMS by typing ‘PLN’ to 4488 for further details.