Tag: 70%

  • “Nabil Bank Launches Nabil Dhukka Ghar Karja with 10.99% Fixed Interest Rate and 70% Property Value Loan”

    “Nabil Bank Launches Nabil Dhukka Ghar Karja with 10.99% Fixed Interest Rate and 70% Property Value Loan”


     

    Nabil Bank is introducing an attractive option for home loans, presenting two competitive fixed interest rate choices: 10.99% for a 7-year term and 11.99% for a 10-year term. Homeowners often worry about fluctuating rates impacting their monthly payments, as explained by Chadani Shrestha, Head of the Personal Lending Unit at Nabil Bank. To address this concern, the bank has launched the ‘Nabil Dhukka Ghar Karja’ scheme, offering homeowners peace of mind with stable and affordable fixed rates throughout the loan period.

    Under the ‘Nabil Dhukka Ghar Karja’ plan, first-time homebuyers can benefit from financing up to 70% of the property’s value, while others can secure up to 60% financing. The loan process is designed to be hassle-free and convenient for all applicants.

  • Pokhara Metropolis Offers 70% Grant in Agro Sector.

    Pokhara Metropolis Offers 70% Grant in Agro Sector.


    Pokhara Metropolitan City has announced plans to offer a 70 percent grant in the agriculture sector based on production. The Deputy Mayor, Manju Devi Gurung, revealed this during the presentation of the budget for the upcoming fiscal year 2080/81. The city aims to prioritize investment by providing a minimum of 70 percent grant to classified land based on production. This initiative will also involve distributing agriculture production materials and equipment to support farmers in their agricultural endeavors.

     

  • SEBON Chairman Hamal accuses 50 brokers of consuming up to 70% profit.

    SEBON Chairman Hamal accuses 50 brokers of consuming up to 70% profit.


     

    During a recent Finance Committee meeting, Chairman Ramesh Kumar Hamal of the Securities Board of Nepal (SEBON) accused a group of 50 brokers of taking away a significant portion, around 70%, of the profits. Chairman Hamal mentioned that he has addressed the investors’ demands over the past 15 years.

    Chairman Hamal highlighted that the capital market investors’ longstanding requests for an open broker system and licenses for subsidiary companies of banks have finally been fulfilled. This milestone signifies the first instance in Nepal where three types of broker services have received official licenses.