Siddhartha Bank Launches ‘Siddhartha Gold Loan’ Scheme

Siddhartha Bank Limited has introduced the ‘Siddhartha Gold Loan’ scheme to provide customers with quick and accessible financing by pledging gold and gold jewellery as collateral.

Under the scheme, customers can obtain loans of up to NPR 5 million, with financing of up to 75% of the assessed value of the pledged gold. The facility is designed to help customers meet their personal and business financial needs.

The service is currently available through the bank’s New Road Gate Branch in Kathmandu, with further information available through the bank’s 24-hour customer service centre, Siddhartha Care.