Nabil Bank Launches 'Instant Gold Loan' Offering Quick Financial Solutions

Nabil Bank Limited (NABIL) has unveiled its latest financial product, the 'Instant Gold Loan,' aimed at providing customers with swift access to funds. Under this scheme, individuals can secure loans up to 10 lakh rupees at a competitive interest rate of 12.30%, with the assurance of receiving the loan within just one hour.

Nabil Bank emphasizes the convenience of this service, addressing immediate financial needs without unnecessary complexities. Additionally, the bank offers complimentary insurance coverage for the gold used as collateral, adding an extra layer of security for borrowers.

This innovative program has been introduced to cater to the diverse financial requirements of customers, and Nabil Bank plans to offer the service initially through eight branches across Nepal. For customers within the valley, the service is available at Kumaripati, Kalimati, and Suryabinayak branches, while those outside the valley can access it from Dharan-Mahendrapath, Butwal-Chauraha, Nepalgunj (Bhanubhakta Chowk), Phidim, and Chipledhunga branches.