Tuesday, June 22, 2021

Mega Bank launches phone loan facility

Kathmandu, June 20

Mega Bank Limited has announced phone loan facility of up to Rs. 200,000.

Our customers can immediately benefit from the loan facility using their smart phones, the bank said in a statement on Sunday.

It said that the facility was designed in cooperation with F1 Soft International, the company that operates the e-payment platform e-Sewa.

As per the scheme, employees of various companies or organisations who have their salary account maintained at the bank can obtain maximum Rs. 200,000 loan for a period of 30 days.

Digital and e-Banking Chief of the bank Bishwo Singh said that the scheme provides quick service to the customers as it doesn’t need any paper documents and everything is processes through the phone.

The applied money would be deposited in the bank account of the applicant through a virtual credit card. Customers need not visit the branches of the bank to obtain the facility.

Published in The Rising Nepal daily on 21 June 2021. 

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