21st August 2023, Kathmandu

Everest Bank’s “EVEREST FESTIVE BONANZA – 2080”: A Gateway to Hassle-Free Retail/SME Loans

In a stride towards offering modern banking conveniences to diverse strata of society, Everest Bank is extending its banking services through an extensive network of 127 branches across Nepal. With the festive season of Teej, Dashain, Tihar, and Chhath on the horizon, Everest Bank Limited is rolling out an enticing opportunity for the citizens of Nepal through its “EVEREST FESTIVE BONANZA – 2080” campaign.

Commencing from the first day of Bhadra in the year 2080 as per the Nepali calendar, this campaign presents customers with an alluring prospect—access to loans at reduced interest rates coupled with discounted processing and service charges.

Mr. Gaurav Kumar, the Deputy General Manager of the bank, reveals that housing loans under this campaign boast a remarkably competitive fixed interest rate of 10.74%. Notably, customers aspiring to construct new homes are eligible for 100% bank financing, making homeownership dreams a tangible reality.

The festive spirit extends to vehicle enthusiasts, as Everest Bank Limited offers vehicle loans at an attractive fixed rate of 10.99%. Moreover, those inclined towards sustainable transportation can secure financing for up to 80% of the cost of electric vehicles.

Seizing assets for personal or business use is made lucrative with the option of loans against shares and properties, presented at appealing interest rates.

Entrepreneurs seeking SME business expansion or agricultural ventures can avail loans starting from a notably modest rate of base rate+1.5%, tailored to foster growth in these vital sectors.

It’s imperative to act promptly, as the “EVEREST FESTIVE BONANZA – 2080” campaign will conclude in 3 months. Mr. Gaurav Kumar, the DGM of the bank, extends a warm invitation to potential customers, urging them to reach out to their nearest Everest Bank branch and capitalize on these alluring offers.

Everest Bank Limited, a collaborative venture with Punjab National Bank India, boasts a vast customer base exceeding 13 lakh individuals—a testament to its industry prominence. At present, the bank efficiently renders its services through a wide-ranging domestic network comprising 127 branches, 7 Provincial Offices, 3 Extension Counters, 162 ATMs, and 32 Revenue Collection Counters, catering to both local and global needs.

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