Machhapuchchhre Bank Launches Festive Discount on Credit Facilities

Machhapuchchhre Bank Limited (MBL) has introduced a special plan offering discounted credit facilities for one month, targeting the upcoming Nepali festivals Teej, Dashain, Tihar, and Chhath.

Under this scheme, customers can obtain home loans and car loans at a reduced interest rate of the base rate plus a 0.5% premium. Additionally, customers can receive a special discount on credit cards.

Small and medium loans up to Rs. 1 crore will be offered at the base rate plus a 1% premium interest rate, with further concessions on service charges for these loans.

These offers are valid until Bhadra 31. MBL serves over 1.5 million customers through 165 branches, 12 extension counters, 130 branchless banking services, and 202 ATMs across all 7 provinces of Nepal.