7th April 2025, Kathmandu
Prabhu Bank Limited has launched a dedicated SME and Consumer Loan Center in Gandaki Province, reinforcing its commitment to empower micro, small, and medium enterprises (MSMEs) and the consumer segment with tailored financial solutions.
Prabhu Bank Opens SME
This newly established SME & Consumer Banking Hub is expected to drive entrepreneurship, financial inclusion, and economic growth across the region.
Supporting MSMEs and Local Entrepreneurs
The inauguration ceremony was held under the leadership of Mr. Raju Rana, Chief Provincial Officer of Prabhu Bank in Gandaki. Speaking at the event, Mr. Rana expressed confidence that the center would play a pivotal role in delivering targeted, efficient, and customer-centric banking services to the province’s growing number of entrepreneurs and consumers.
He emphasized that such initiatives are crucial for enhancing financial accessibility and promoting sustainable economic development in Nepal’s provinces, especially for the underbanked MSME sector.
Key Features of the SME and Consumer Loan Center
The center offers a range of customized banking services, specifically designed to meet the diverse needs of small businesses and individual consumers. These include:
Business and Project Loans for MSMEs
Consumer Loans for home construction, vehicle purchase, education, and health expenses
Financial Advisory Services to support business planning and growth
Fast and Efficient Loan Processing with simplified documentation
According to the bank, entrepreneurs can now access business loans and consultancy services to expand existing ventures or start new ones. Similarly, individuals can benefit from affordable financing options for personal needs such as homeownership, transportation, education, and medical emergencies.
Driving Financial Inclusion and Regional Growth
Experts and speakers at the program noted that the establishment of this center aligns with national goals of financial inclusion, job creation, and inclusive economic development. By enabling easier access to capital and professional guidance, Prabhu Bank aims to unlock the full potential of local businesses and uplift consumer well-being in Gandaki Province.
How to Apply?
Interested customers can visit the Prabhu Bank Gandaki Provincial Office or the nearest branch for further information on loan eligibility, application procedures, and available schemes.
For more: Prabhu Bank Opens SME