Youth Self Employment Loan
Millions of dreams of our youth are not fulfilled due to a lack of financial support. Youth Self Employement Loan is a Nabil Bank’s initiative to provide small scale financial assistance to youths with big dreams.
Features
.png)
Loan Size up to Rs. 0.5 M
Interest Rate:Base Rate + 2.00% Premium; Less Interest Subsidy 5%
Age limit:18 years to 65 years
Tenure: Up to 5 years or Academic Duration whichever is lower.
Repayment Mode:On EMI Basis
Minimum Qualification:SLC Level
No mandatory requirement of real estate collateral however preferred to obtain the same as an additional security
CIC Fee, STR Fee, Insurance fee, Guarantee fee to DCGF on actual basis
TAT: Within 15 working days after submission of all required documents