Kathmandu. Sunrise Bank Limited is going to give "Sunrise Simple SME Loan" at 9.95 percent annual interest rate. The bank is offering "Sunrise Simple SAE Loan" at 9.95 percent annual interest rate with the objective of providing easy and simple loans to small entrepreneurs who have knowledge, skills, abilities and entrepreneurship but are unable to operate and expand enterprises due to lack of capital. .

Under the scheme, the loan will be disbursed to the customer within 24 working hours of the customer submitting all the required documents to the bank.

Under this arrangement, the customer pays Rs. Loans up to Rs 10 million will be available at concessional interest rates. Similarly, the bank will also provide some discounts for the prevailing collateral requirement for the loan and the business people using such facility will also be able to avail the facility of free credit card.

It has also been providing various types of consulting services for small and medium entrepreneurs for the purpose of enhancing tax accounting and other business skills. Customers will be able to avail this facility from 134 branches of this bank spread across different parts of the country.