Festival Loan

To celebrate each festival with a lot of grandeur as it a time when families get together and make memories. This loan scheme can shop for clothes, gifts, sweets and groceries and bring cheer to all.

  • Government, Corporate, Registered Private Limited Company, NGO’s employees with minimum of 2 years of confirmed service (including probation) with PF facility.
  • Guarantor is compulsory while applying for festival loan.
  • Third party guarantor must be an employee with same grade or above working in the same department/organization with minimum of 3 years of service.

Click here to refer interest rate chart

Maximum limit of Nu 100,000/- only.

Maximum term of 5 years

  • Two passport size photographs of both the applicant and the guarantor.
  • Copy of citizenship identity card of both the applicant and the guarantor.
  • Copy of appointment letter of both applicant and the guarantor.
  • Latest pay slip authenticated by Account Officer of both the applicant and the guarantor.
  • Departmental loan repayment undertaking

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