Mahalaxmi Bikas Bank Launches Mahalaxmi Green House Loan at 8.99% Interest Rate

Wed, Nov 20, 2024 9:02 AM on Latest, Corporate,

Mahalaxmi Bikas Bank is launching the Mahalaxmi Green House Loan at a competitive interest rate of 8.99%, aimed at promoting sustainable and environment-friendly housing projects.

The loan will support the construction, purchase, and renovation of homes that incorporate renewable energy sources like solar, wind, and biomass, or are designed with water and waste management systems. Loans will be offered for terms ranging from 2 to 30 years.

This initiative aligns with the bank's commitment to environmental protection and sustainable development, as well as meeting the regulatory guidelines of Nepal Rastra Bank. The bank, with 30 years of service, continues to provide quality financial solutions to Nepali citizens.