Demand Loan/Short Term Loan

Demand Loan/Short Term Loan

Incase of big projects requiring large amount of finance, single bank and financial institution may not willing to take all riks or the capacity of a single bank and financial institution may not be enough to meet the total fund requirement. Therefore, they may require other financial institutions to participate in financing such projects. NCC Bank shall lead/participate in financing fixed assets and current assets through Consortium or Syndicate Loan arrangement wherever opportunity arises.

Demand Loan/Short Term Loan
7 %
Interest Rate
Demand Loan/Short Term Loan
8.12 %
Base Rate
Demand Loan/Short Term Loan
15.12 %
Total Interest Rate

Last Updated Date: November 30, 2021

Nepal Credit and Commerce Bank Ltd

Nepal Credit & Commerce Bank Ltd. (NCC Bank) formally registered as Nepal - Bank of Ceylon Ltd. (NBOC), commenced its operation on October 14, 1996 as a Joint Venture with the Bank of Ceylon, Sri Lanka. It was then the first private sector Bank with the largest authorized capital of NRS. 1,000 million. The Head Office of the Bank is located at Bagbazar, Kathmandu. The name of the Bank was later changed to Nepal Credit & Commerce Bank Ltd., (NCC Bank) on 10th September, 2002, due to transfer of shares and management of the Bank from Bank of Ceylon, to the Nepalese Promoters. NCC Bank completed 23 years of its banking services on October 14, 2019 and recently entered into a historic merger with four Development Banks – Infrastructure Development Bank Ltd., Apex Development Bank Ltd., Supreme Development Bank Ltd. and International Development Bank Ltd. NCC Bank started its joint transaction from January 01, 2017 has now become one of the largest private sector commercial banks. At present NCC provides banking services and facilities to rural and urban areas of the country through its 120 branches, 85 ATMs and 4 Extension Counters scattered all over the country from Far West to Far East. The Bank has developed a corresponding agency relationship with more than 150 International Banks having a worldwide network.

Demand Loan/Short Term Loan


  1. Identification document like Citizenship, Passport
  2. Loan application form
  3. Passport size Photo
  4. Documents certifying current salary (for employee)
  5. Certified Income Statement
  6. Paper of Agreements/contracts (for Fixed Income )

What Is Consortium Loan ?

Consortium Loan means that two or more than two banks authorize correspondent banks to provide local and foreign currency loan, and credit business for borrowers in a set time and proportion, based on the same conditions of loan and the same agreement of loan. Leading banks of consortium loans are organizers and arrangers of consortium loans that sponsor to organize consortiums and are responsible to distribute shares of consortium loans. Large sum of Institution financing ; long-term period of loan. Relatively unrestricted functions of loan(compared with government loan or export credits ) Consortium loans greatly meeting the needs of borrowers with large sun of loan, long-term period of loan and simple daily operation (only to contact with correspondent bank)

Benefit Of Consortium Loan

1. Both sides have internal drives and conditions for cooperation on assets operation cooperation
2. Consortium, as a way of multilateral loans, can effectively cope with over competition existed in the way of bilateral loans, as well as can improve services of project-building and groups’ development so as to create a win-win situation. 
3.Banks involved in bank loan can do their best.
4.Supervisions among banks can help to build credit risk management group and effectively spread the risk of loan of single bank to single client, what’s more, it can lead banks to prevent and control different risks jointly on the common interests.

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