Pokhara Finance announces ‘Share Loan’ scheme at 9 to 12% interest per annum

Pokhara Finance Limited has introduced ‘Share Loan’ scheme to customers. According to the press release, ‘Share Loan’ scheme is a loan scheme which offers an interest rate of 9 percent to 12 percent per annum. 'Customers can benefit from the share loan’ said Raj Kumar Gurung, CEO of the finance company. Customers willing to take this loan can pledge shares of the listed companies in NEPSE as collateral. At present, the finance company has authorized and paid up capital of Rs 96 crore and Rs 49.11 crore respectively. The finance company will be soon opening branch offices in Dumre Bazar of Tanahun and Pokhara.