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Home›Loan›Citizens Youth Self Employment Loan

Citizens Youth Self Employment Loan

Purpose

To meet the financial requirement of youth individual to start business as directed by prevailing law related to industrial business

Nature

Terminating loan payable in Equal Monthly Installment 

Loan Size

Maximum up to NPR 500,000.00 

Tenure        

Maximum 5 years

Rate of interest

Average Base Rate of last three consecutive month plus Premium Rate @2% minus Interest Subsidy of 5%

Eligibility Criteria

  • Borrower should have minimum Academic Qualification of SLC or SEE or Equivalent.
  • Required to submit original academic certificate as collateral.
  • The applicant must have taken at least 7 days’ entrepreneurship or skills training from government entity viz; Department of Cottage and Small Industries, Vocational and Skill Development Training Centre, Council for Technical Education & Vocational Training (CTEVT) etc. Or the applicant can present proof of such skill development training after approval of the loan.

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SWIFT: CTZNNPKAGrievance24/7 16600166667

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