Launch of Sahyatra Samridhiko loan scheme: Prabhu Bank

3 years ago

Launch of Sahyatra Samridhiko loan scheme: Prabhu Bank

Prabhu Bank has launched a loan scheme called Sahyatra Samridhi.

Bank has launched a loan scheme called Sahyatra Samridhiko targeting small entrepreneurs and entrepreneurs affected by Corona, self-employed entrepreneurs, educated unemployed youth, unemployed youth returning from abroad, entrepreneurs engaged in traditional professions and businesses.

Bank has stated that the scheme has been brought under the Unified Procedure 2075 regarding interest subsidy for concessional loans of Nepal Rastra Bank.

Ashok Sherchan, chief executive officer of the bank, said that the scheme was introduced to provide relief to the youths who are facing difficulties in running their daily life due to corona.

To manage the existing economic difficulties and to control this epidemic, said Sherchan. In the first phase, a loan of Rs 100,000 has been provided to women clean tempo drivers and Rs 4 to school teachers in the Kathmandu Valley, said Sherchan.

Bank has given a loan of Rs one lakh to 10 women clean tempo women drivers on Tuesday. The two-year loan has to be repaid in monthly installments after six months.

For this, full citizenship and stamp will be provided. Bank has stated that one can take a loan of up to Rs one lakh.