Terms and Conditions

1. The application is to be submitted within 10 days of purchase of the product/service.
2. POS sales slip and Invoice must be uploaded.
3. Repayment is to be done on EMI basis. The applicable interest rate is Base Rate+5%.
4. Loan tenure shall range from 6 months to 12 months but not exceeding the Credit Card expiry date.
5. Minimum loan amount is NPR 5,000. The maximum loan amount is the available credit card limit of the client.
6. Loan Administrative Fee shall be 0.75% of the requested amount.
7. In case of failure to pay the EMI on due date, all the financial charges shall be applicable as per the existing Credit Card facility provided to clients.
8. Recovery process shall be followed as per the internal Credit Recovery Management Procedure and the recovery guidelines provided by Nepal Rastra Bank.