Mega Bank’s concessional loan to small electric transport entrepreneurs

NL Today

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Kathmandu: Mega Bank Nepal Limited has signed an agreement with NECO Energy Solutions Company Private Limited with the objective of promoting small and micro entrepreneurs.

The agreement was signed by Deputy Chief Executive Officer of the Bank Raveena Desraj Shrestha and Managing Director of NECO Energy Solutions Milan Kumar Poudel during a ceremony at the bank’s corporate office in Kamaladi, Kathmandu.

As per the agreement, Mega Bank will provide concessional loans to small electric transport entrepreneurs affiliated to NECO Energy Solutions for self-employment and business operation subject to the concessional interest subsidy loan guideline of Nepal Rastra Bank and concessional interest subsidy loan procedure of the bank.