Member Upliftment Loan
Empowering Your Business Dreams with Flexible Financing
Interest Rate: 11%-13%
The Member Upliftment Loan is a financial product designed to empower members by providing them with the capital needed to establish businesses, small and medium industries, and various projects. This loan, based on the member’s ability to make regular installment payments, offers a maximum limit of NPR 10,000,000 with concessional interest rates and flexible terms.
Loan Limits
- Minimum: NPR 100,000
- Maximum: NPR 10,000,000
Tenure Options
From 6 months to 24 months
Interest Rates
- 6-month tenure: 11%
- 12-month tenure: 12%
- More than 12 months: 13%
Grace Period
- 3 months for loans with a 6-month tenure
- 6 months for loans with a tenure of more than 6 months
Features of Member Upliftment Loan
Easy Investment
Enjoy low interest rates and minimal fees.
Flexible Tenure
Available for short to long-term investment needs.
Investment Limit
Borrow up to NPR 10,000,000.
Entrepreneurial Support
Aimed at establishing members in entrepreneurship.
Benefits of Member Upliftment Loan
Accessible Capital: Provides significant funding to support business establishment and growth.
Affordable Rates: Competitive interest rates to reduce the financial burden on members.
Flexible Repayment: Various tenure options and grace periods tailored to member needs.
Entrepreneurial Growth: Supports the creation and expansion of small and medium enterprises
Disclaimer
The terms and conditions of the Member Upliftment Loan are subject to change at the discretion of the lender. All loans are provided based on eligibility and the ability to repay. The provided interest rates and terms are indicative and may vary. Borrowers are advised to read and understand all loan agreements and terms before proceeding. The lender reserves the right to reject any loan application that does not meet the required criteria.