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Muktinath Development Bank Launches Special Loan Scheme for Festive Season

Muktinath Development Bank has introduced a special loan scheme targeting farmers and small and medium-sized enterprises ahead of the major festivals of Teej, Dashain, Tihar and Chhath.

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Muktinath Development Bank Launches Special Loan Scheme for Festive Season

Muktinath Development Bank has launched a special loan scheme aimed at supporting agricultural businesses and small and medium-sized enterprises (SMEs) during the upcoming festive season. The scheme is designed to encourage increased economic activity and business expansion during Teej, Dashain, Tihar and Chhath by providing loans at preferential terms. Under the offer, eligible customers can obtain agricultural and SME loans by paying only the published premium over the bank’s base rate, with premium rates starting as low as 0.50%. The bank will also provide a 25% discount on administrative fees associated with the loan. The facility can be used for business expansion, enterprise operations, working capital and other business-related financial needs. Customers seeking to switch or transfer existing loans from other banks and financial institutions can also benefit from the scheme. Available for a limited period, the offer will be provided through all 176 branches of Muktinath Development Bank across the country.

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