Fast Track Business Loan
Business Loan is provided to meet such a wide variety of financing requirement both funded and non-funded of your business enterprises ..
Business Loan is provided to meet such a wide variety of financing requirement both funded and non-funded of your business enterprises ..
Last Updated Date: May 17, 2022
NIC Asia bank has established a history in the banking sector by establishing itself on 30 June 2013 as the first type of merger bank between the two commercial banks, NIC Bank and Bank of Asia. Since its inception, it has been operating successfully and has today become one of the largest private sector commercial banks in the country in terms of the capital base, balance sheet size, ATM Locations and the number of the branches. The Bank has 327 branches in Nepal, 102 extension counters, 64 branchless banks and 469 ATMs. The main focus of this bank is meritocracy, transparency, professionalism, team spirit and service excellency. The main vision of this bank is to be one of the most respectable and honorable banks in terms of financial performance. The mission of this bank is to become a leading bank in Nepal by providing complete financial solutions to its customers.
A business loan is a loan specifically intended for business purposes. As with all loans, it involves the creation of a debt, which will be repaid with added interest.An amount of money loaned at interest by a bank to a borrower, usually on collateral security, for a certain period of time.In exchange for this money, lenders require repayment of the principal with interest and fees added to it. Usually, business loans require regular payments on a set schedule, but repayment terms and interest rates can vary quite a bit.
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