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Sunday, October 24, 2021
    Nepal Breaking NewsBusinessSunrise Bank has launched a payroll loan scheme with a loan amount...

    Sunrise Bank has launched a payroll loan scheme with a loan amount of up to Rs. 15 lakh for working professionals

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    Several firms’ employees are being targeted by the Payroll Loan programme, which was introduced by Sunrise Bank.

    Employees who a Payroll Savings account are eligible to receive loans of up to Rs 15 lakh without the need to put up any security. According to the media announcement, can receive a loan amount equal to 24 months of their income amount or up to Rs 5 lakh overdraft and a term loan equal to up to Rs 10 lakh, with the loan being extended for a maximum of years beyond the first term.

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    According to a media announcement, the bank is also offering depositors a bonus of 10.07 percent interest on the occasion of the Dashain festival.

    139 people are now employed by the bank.

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    It has a total of 91 branchless banking units, 12 extension counters, 160 ATM outlets, and 12 branchless banking units its network.

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