Mega Bank starts collateral free loan service up to Rs 200,000 via mobile

KATHMANDU: Mega Bank has brought instant loan facility from its smartphone for the convenience of its customers.

The bank has brought the loan facility in collaboration with F1 Soft International with the objective of providing the required amount to the customers immediately.

The bank has stated that various organizations and employees who have their monthly salary account in the bank can consume a maximum of Rs 200,000 for 30 days through the facility.

Bishwa Singh, digital and e-banking chief of Mega Bank, said that this facility would be very convenient as one can get loan immediately without collateral, without going to the bank and without any documents.

The bank has stated that the loan amount will be credited to the customer’s account through ‘virtual credit card’ within a few minutes of applying online through the Mega Smart Banking app.

The bank has stated that it will repay the loan immediately if all the necessary procedures for the loan are completed online.

Fiscal Nepal |
Sunday June 20, 2021, 03:55:58 PM |

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