• General Loan
General loan is the main credit products of bank, which is disbursed to the borrowers for all types of productive purposes. The individual loan ceiling ranges from NRs. 1,000 to NRs. 3,00,000 based on the borrowers’ loan cycle. However, repayment period of this loan is for 12 months to 24 months on a four weekly basis and the interest rate is from 17% to 18% on diminishing balance.
• Seasonal Loan
Seasonal is for those borrower, who needs credit for working capital- cash crops productions, running fruit stalls and other different commercial purposes. Loan ceiling of the seasonal loan is upto Rs 40,000. Repayment period of seasonal loan varies but does not have to exceed more than a year and the interest rate is from 17% to 18% on diminishing balance.
• Special Loan for Green Card Holder Clients
Clients who complete five years loan cycle with excellent loan track record and doing well and incentive for the others are recognized as special Clients. They are appreciated with certificate along with badge and entitled to receive special revolving (overdraft) loan facility of up to NRs. 10,000 for one year period. This is recognition to the clients and the interest rate is from 17% on diminishing balance.
This loan is disbrursed mainly for medical, consumption, emergency and other productive purposes for the maximum period of six months. The maximum loan ceiling is Rs. 5,000 per client. Members within the group can apply for the loan from centre fund/group savings. This provision has been very helpful for the members in their dire need at the time of emergency and the interest rate is 12% on diminishing balance.
• Renewable Energy Loan
Renewable energy loan is for the purpose of Solar Home System or Bio Gas Plant; thus, only the members who have paid the fourth general loan, regularity on meeting participation and maintaining discipline, proper utilization of previous loans, not having any late due paid records for the past four years, capability of paying debt; are eligible for renewable energy loan.
• Environment Loan
Environmental loan is for the purpose of environment preservation programs, like toilet adaptation; thus only the members who have paid the second general loan, regularity on meeting participation and maintaining discipline, capability of paying installments; are eligible for environmental loan.