Garima Development Bank Limited

1 February 2021, Kathmandu

Garima Development Bank Limited. A national B-licensed B category from Nepal Rastra Bank has introduced innovative credit facilities to make its credit flow strategy more successful. The bank announced ‘Garima Easy SME Loan’ and ‘Garima Easy Home Loan’ under the new lending facility.

Our country could not remain away from the ongoing Covid-19 outbreak, as the world economy was weakening.

Garima Development Bank has developed a customer-friendly loan facility. In order to grow the market more aggressively and to build an investment climate and grow entrepreneurship. By offering a simple and low-interest lending facility to entrepreneurs in the face of growing unemployment and decreasing entrepreneurship. Govinda Prasad Dhakal, Chief Executive Officer of Bank, said.

Both loan facilities are available at an 8.88 percent interest rate and 100 percent of collateral valuation can be invested in Garima Easy SME Loan and Garima Easy Home Loan, the bank said.

In addition, free loans from other banks and financial institutions and up to 50% discount on service charges on both loans may be transferred.

At present, Garima Development Bank is providing a simple, secure, and quality banking facility to its customers from 106 branch offices and 51 ATMs.


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