NIBL offers Loan against Gold and Silver to its customers. Nepali citizens above the age of 18 years can avail to this service provided by NIBL at affordable rates.
Features
Finance up to 70% of value for Gold Ornaments determined by the bank and 80% for Fine Gold
1 year maximum period. Can be renewed every year from the date of maturity, if required.
Flexibility in repayment
Quarterly basis interest payment (as per Nepali calendar)