Rastriya Banijya Bank Launches Collateral-Free Digital Loan Service “RBB Foneloan”

Rastriya Banijya Bank Limited has signed an agreement with Foneloan Private Limited to implement a digital lending product integrated into its mobile app RBB Digital Sansar.

Through the “RBB Foneloan” service, customers can access collateral-free loans of up to Rs. 100,000 without paperwork or visiting the bank. This facility is currently available to salaried account holders, based on their transaction history, and applications must be submitted to the bank’s mobile banking app. Loans will be approved after completing the bank’s internal procedures.

Rastriya Banijya Bank, established on Magh 10, 2022 , it currently serves over 47 lakh customers through 313 branches, 71 extension counters, 326 ATMs, and 99 branchless banking units across all seven provinces of Nepal.