KATHMANDU, DEC 27 - Nepal Industrial Commercial (NIC) Bank has announced of providing travel loans, which would be termed as NIC Travel Loan, to its customers from this month.
As per the new scheme to be launched under consumer banking service, the bank would be issuing loans in a range of Rs 50 thousand to Rs 500 thousand at an annual interest rate of 13 percent, states a press release issued by the bank.
The NIC Bank, through the new service, hopes to facilitate its customers who desire to meet their near and dear ones outside the country during their long holidays.
Posted on: 2003-12-28 03:57

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