Apply for Kisan Krishi Loan Card in Nepal? Nepal Bangladesh Bank

14th July 2021, Kathmandu

Nepal Bangladesh Bank Ltd. is also known as NBB or NB Bank. It is a public-owned commercial bank in Nepal.

It was established in June 1994 with an authorized capital of Rs.240 million and paid-up capital of Rs.60 million as a joint venture Bank with IFIC Bank of Bangladesh.

Its head office is at Kamaladi-28, Kathmandu. It has a network of 99 branches, 7 Extension Counters, 5 Branchless banking, and 78 ATM terminals. It also provides e-banking and mobile banking services.

Recently, Nepal Bangladesh Bank has distributed Kisan Krishi Loan Card in Makwanpurgadhi village municipality of Makwanpur district.

The investment has been started from Friday by handing over the Kisan Krishi Loan Card from Makawanpurgadhi Village Municipality Chairman Bidur Humagain.

In the first phase, the bank has stated that 25 out of 3 farmers will benefit from Makwanpurgadhi village municipality ward no.3.

Under the scheme, the bank will provide concessional agricultural loans to farmers in the same area without collateral.

Farmers will get Kisan Krishi Loan Card with a QR code from the bank. When purchasing goods from the card, they will be able to pay from the QR code of the card.

MoU For the loan card

The MoU for the loan card was signed between DY. CEO of the bank Mr. Surendra Bhushan Shrestha, Assistant GM of the bank Ms. Salonika Singh, Ms. Sunita Nemafuki from RnD Innovative Solution, chairman of Makwanpurgadhi Gaupalika Mr. Bidhur Hurimagai, and DY. Coordinator of Makwanpurgadhi Gaupalika Cooperative Committee Ms. Kalpana Shrestha.

Aim of Launching the Card:

The main aim of the bank for launching the Kisan Krishi Loan Card is to make financial and technical supports more accessible and affordable for the farmers in Makwanpurgadhi Gaupalika.