Rastriya Banijya Bank Launches Special Loan Offer Targeted for Festivals
25th August 2025, Kathmandu
The festive season is a time of immense celebration and renewed aspirations in Nepal, a period when families often make significant financial decisions, from purchasing a new home to upgrading their mode of transportation.
RBB Loan Offer
Understanding this cultural and economic trend, Rastriya Banijya Bank (RBB), one of the nation’s premier financial institutions, has introduced an exclusive festive loan offer designed to transform these dreams into reality. This initiative is more than just a financial product; it’s a strategic move by the bank to align its services with the seasonal rhythms of the Nepali economy, offering competitive rates and flexible terms that cater directly to the needs of the Nepali people.
Unpacking the Rastriya Banijya Bank Festive Loan Offer
Rastriya Banijya Bank’s special scheme, as detailed by Information Officer Pawan Regmi, is a comprehensive package that addresses three key areas of consumer demand during the festive period: home ownership, and the purchase of both electric and traditional fuel-based vehicles. The bank has meticulously crafted each loan category to provide maximum benefit and accessibility to its customers, demonstrating a clear commitment to supporting major life purchases.
Home Loan Facility: This is arguably the cornerstone of the festive offering. The desire to own a home is a fundamental aspiration for many Nepali families, and the festive season often serves as a catalyst for such a monumental decision. RBB’s home loan provides a substantial loan amount of up to 50 million NPR (5 crore), which is a significant sum capable of funding a wide range of properties. What makes this offer particularly attractive is the low-interest rate of 6.30% and a generous repayment tenure of up to 20 years. This long-term repayment option is crucial as it significantly reduces the monthly financial burden, making home ownership more attainable for a broader segment of the population. The competitive interest rate positions RBB as a preferred partner for prospective homeowners, ensuring that their investment is both secure and financially viable over the long haul.
Loan for Electric Vehicles (EVs): In a forward-thinking move that aligns with global and national sustainability goals, Rastriya Banijya Bank is actively encouraging the transition to green energy. The special loan for electric vehicles comes with a remarkably low-interest rate of just 6.10%. This rate is the lowest among the three categories, a clear incentive for customers to choose an environmentally friendly option. The loan amount, up to 10 million NPR (1 crore), is sufficient to cover the cost of a wide range of electric vehicles currently available in the Nepali market. With a tenure of 7 years, this loan makes it easier for individuals to contribute to a cleaner environment while enjoying the long-term cost savings associated with EVs, such as reduced fuel and maintenance expenses. This initiative not only benefits the customer but also contributes to Nepal’s national vision of reducing its dependence on fossil fuels and mitigating air pollution, particularly in urban areas.
Loan for Fuel-Based Vehicles: Recognizing that a significant portion of the market still relies on traditional fuel-based vehicles, RBB has ensured that this segment is not left behind. The bank offers a loan for fuel-based vehicles with an interest rate of 6.80% and a tenure of 7 years, with a loan limit of up to 10 million NPR (1 crore). While the interest rate is slightly higher than that for EVs, it remains competitive within the market. By providing this option, the bank ensures inclusivity and offers customers the flexibility to choose the vehicle that best fits their needs and preferences, without feeling pressured to switch to an alternative technology if they are not yet ready. This dual-approach to vehicle financing showcases RBB’s commitment to serving all its customers, regardless of their choice of vehicle.
The Strategic Importance of a Festive-Specific Loan Scheme
The launch of this special loan scheme is a testament to Rastriya Banijya Bank’s deep understanding of the Nepali market and consumer behavior. The festive season, which includes major festivals like Dashain and Tihar, is traditionally a period of heightened consumer spending and major purchases. The psychological and cultural significance of these festivals—marking new beginnings and auspicious times—makes them an ideal period for large-ticket investments. By offering these tailored loan products, RBB is not just providing a service; it is participating in a cultural tradition.
The benefits of this initiative are manifold. For the customer, it translates into accessible and affordable financing at a time when they are most motivated to make a purchase. The reduced interest rates and flexible tenures ease the financial burden, making a dream home or vehicle more achievable. For the bank, this scheme serves as a powerful tool for customer acquisition and retention. By offering customer-friendly schemes that are sensitive to cultural timing, RBB strengthens its relationship with its existing clients and attracts new ones. Furthermore, the emphasis on EV loans helps the bank to project a modern and responsible corporate image, aligning with global trends in sustainable finance and supporting national environmental policies. The scheme is a win-win, creating value for both the bank and the customer while contributing positively to the broader economy.
Why Choose Rastriya Banijya Bank for Your Festive Needs?
Choosing Rastriya Banijya Bank for a festive loan means opting for a trusted and stable financial partner. The bank’s offer stands out due to its comprehensive nature, competitive rates, and customer-centric design. The high loan limits for both homes and vehicles ensure that customers have the financial capacity to make their desired purchases without compromise. The transparent and accessible terms, as communicated by the bank’s official statement, instill confidence and trust. The special incentive for electric vehicles further distinguishes RBB as a bank that is not only focused on profitability but also on promoting a sustainable future. In conclusion, whether it is an investment in a forever home or a new vehicle to celebrate the festivals, Rastriya Banijya Bank’s special loan offer is a compelling and timely solution that promises to make this festive season a period of fulfillment and prosperity for countless Nepali families.
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