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 16, 2022
In 1987, when it was first formed as a joint venture, Standard Chartered Bank Nepal Limited became operational. The Standard Chartered Group's global network provides the bank with a rare opportunity to provide genuinely international banking services in Nepal. A wide range of banking products and services are provided by Standard Chartered Bank Nepal Limited to a wide range of customers, including individuals, local mid-market firms, multinationals, main public sector companies, government companies, airlines, hotels, as well as the DO segment comprising embassies, aid organizations, NGOs and INGOs. Corporate Social Responsibility is an important part of the vision of Standard Chartered to become the world's best foreign bank and is the core pillar of the Bank's principles. Standard Chartered Bank Nepal Limited focuses on children's initiatives, particularly in the fields of health and education, and supports non-governmental organizations engaged in community charitable activities.
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.