Commercial Agro & Livestock Loan (Interest Subsidized)
66% of the total population is directly engaged with agro and livestock farming for their well-being. Nabil Commercial Agro and Livestock Loan help in improving the quality of life of that hardworking sector with financial access and banking services with subsidized interest by NRB.
Intending to generate employment in the country and also to support Government’s development initiatives to enhance economic opportunities, we are offering Interest Subsidized Commercial Agro & livestock loan as per the parameters and sectors defined by NRB Directives.
Features
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Loan size from Rs. 1 M to Rs. 100 M
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Interest Rate: Base Rate + 2.00% Premium; Less Interest Subsidy 5% for loan size up to Rs. 50 M;
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Interest Rate: Base Rate + 2.00% Premium; Less Interest Subsidy 2% for loan size above Rs. 50 M to Rs.100 M;
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Interest Subsidy Tenure: Up to 5 years from the initial date of the subsidy
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Repayment Mode on EMI basis for Term Loan & Quarterly for Working Capital loans
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Actual Fee on CIC and STR
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TAT: Within 15 working days after submission of all required documents
