Agreement signed to provide interest subsidy for concession loans to industrialists
15th Sep, 2021 | Tourism Mail Crew
KATHMANDU, Sep 15: Mega Capital Markets, Mega Bank Nepal Limited, Tripura Sundari Village Municipality and Dhading Chamber of Commerce and Industry have reached an agreement to provide interest subsidy for concessional loans.
The agreement was signed by Sabir Bade Shrestha, Chief Executive Officer of Mega Capital Markets Limited, Punya Prasad Khaniya, Chief of Mega Bank, Shambhu Kumar Thapa, Chairman of Tripura Sundari Village Municipality and Suman Gharel, Working Committee Member of Dhading Chamber of Commerce and Industry.
As per the agreement, concessional loans will be provided to the industrialists affiliated to Tripura Sundari Village Municipality and Dhading Chamber of Commerce and Industry for self-employment and business operation under the concessional interest subsidy loan procedure of Mega Bank.
In collaboration with Dhading Chamber of Commerce and Industry, Mega Capital Markets Limited will prepare the necessary documents for the company registration of the entrepreneurs and prepare the necessary documents for the loan in the bank including financial advice, financial projection and assistance in the loan approval process.
Since its inception, Mega Bank has been making banking services accessible to all with priority under the slogan "From Halo to Hydro". It is expected to increase the financial access of small and medium entrepreneurs and farmers at the local level, help in business growth and expansion and improve the living standards of entrepreneurs and farmers.