NIC Asia Bank Launches ‘ATHOT Loan Against Share’ Scheme at 8.17% Interest Rate

NIC Asia Bank has launched a new loan scheme titled ‘ATHOT Loan Against Share’, targeting customers who wish to obtain loans by pledging their shares. Under this scheme, the bank is offering loans at a highly competitive annual interest rate of just 8.17%. The loan will be available against the collateral of shares listed on the Nepal Stock Exchange, mutual funds, insurance companies, and other approved institutions. Through this plan, customers can avail loans of up to NPR 150 million.