Kathmandu. Rastriya Banijya Bank (RBB) has announced a special facility for its customers. Issuing a press release on Sunday, the bank announced special facilities for home and auto loans.

According to the bank, home loans with a maximum limit of Rs 50 million can now be availed at an interest rate of 6.30 percent. The processing fee for the home loan has been fixed at 0.25 per cent and the tenure of the loan will be 20 years.

Similarly, 6.10 percent interest rate for purchase of electric vehicles and 6 percent for purchase of fuel vehicles. According to the bank, loan facility can be availed up to a maximum of Rs 10 million at 80 percent interest rate. The processing fee for both types of auto loans has been fixed at 0.50 percent and the tenure of the loan will be seven years.

Pawan Regmi, Deputy Executive Officer of Rastriya Banijya Bank, said that the facility has been announced on the occasion of festivals. Rastriya Banijya Bank has been providing services to the service seekers through 310 branch offices located in all the districts of the country. The bank is focusing on technology-based financial inclusion and sustainable banking service development by making its services timely.