Rastriya Banijya Bank to extend affordable loans to employees of National Examination Board; to add 2% premium in its base rate while charging the interest

Rastriya Banijya Bank has inked a loan agreement with National Examination Board.

The MoU was signed between the CEO of the bank Mr. Kiran Kumar Shrestha and Member Secretary of the exam board Mr. Durga Prasad Aryal on Poush 13, 2078.

With this agreement, employees who have completed two years of their tenure with the exam board will now be eligible to receive Rs 15 lakh professional loan service from the bank who would be charged 2% additional premium in the base rate while calculating the interest. Currently, the bank’s base rate stands at 5.51%, as per the media statement.

The bank currently has 257 branches, 251  ATM outlets, and 98 branchless banking units under its network.