Kumari bank’s mobile banking app enables customers to take loans from deposits!


    Kumari Bank has now informed that the bank’s mobile banking app allows savings account holders who have made deposits and withdrawals to easily borrow up to 90% of the deposit. Until now, customers had to be present at the bank’s branch to avail this service, but now the bank has arranged for this service to be available from home through the latest version of its app, giving importance to the customer’s time.

    When taking a loan through the mobile banking app, a 0.25% interest rate discount is also available. Such types of loans do not require any paperwork and this service is available 24 hours a day through the mobile banking app, the bank has made public.

    In case of emergency, depositors can immediately receive the loan amount into their bank account based on a few general clicks through the mobile banking app. Kumari Bank has been providing various digital services like this in the recent past, contributing significantly to the development of banking and digital sectors in Nepal.

    Kumari Bank

    Kumari Bank, which has been continuously providing banking services for the past 22 years, has been providing modern and effective services to its customer base through its 302 branches network, 315 ATMs, 50 extension counters, and 65 branchless banking units, and has expressed its commitment to continue cooperating for even more simple, convenient, and excellent services in the coming days.

    Also Read: Mahalaxmi Bikas Bank Conducts Financial Literacy and Awareness Programs on Occasion of GMW 2024

    Pradip Karki
    Pradip Karki
    A seasoned journalist with a passion for storytelling honed over 5 years, specializing in travel, food, and tech.

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