Rastriya Banijaya Bank inks MoU with secretariat of Federal Parliament of Nepal; government employees to receive up to 15 lakh as professional loan

Rastriya Banijaya Bank has inked an agreement with the Secretariat of the Federal  Parliament of Nepal following which the bank will float professional loans to the employees of the secretariat.

The agreement for the same was signed between the Deputy CEO of the bank Mr. Kabiraj Adhikari and Admin head of the Federal Parliament Secretariat Dr. Roj Nath Pande amid a program.

Under the agreement, the bank will provide affordable loans to the employees of the secretariat by adding a minimal premium in its base rate of 5.61%. The borrowers will be eligible to receive up to Rs 15 lakh in the loan, as per the media statement.

The bank currently has 247 branches in 77 districts, 205 ATM outlets, and 98 branchless banking units under its network.