Kathmandu. NIC ASIA Bank has launched a new attractive loan scheme for gold and jewelry collateral. The bank has introduced this scheme with the objective of meeting the needs and demands of the customers as per the time.

Under this scheme, customers can avail a loan of up to Rs 50 lakh. The company will provide a maximum loan of 70 to 80 percent of the market value by pledging gold bars and gold jewelry at competitive interest rates along with a premium facility of 1 to 3 percent on average base rate.

In addition, the bank has made arrangements to take loans for the purchase of jewelry through this loan scheme. Customers can avail this service from the designated branches.

The bank has also established a ‘Credit Assistance Centre’ to facilitate credit related services to its customers. The bank has stated that it will provide timely and effective resolution of loan advice, suggestions, complaints and queries through a one-door system.