Kathmandu. Himalayan Bank Limited has made public six types of special loan schemes at 8.49% interest rate and five types of simple special loan schemes at 9.89% interest rate keeping in mind the current situation of the country.

The 8.49% interest rate loan scheme announced by the bank includes SME loan, home loan, vehicle loan, educational loan and small and medium business complex construction loan.

Similarly, the loan scheme of 9.89% interest includes share collateral loan, loan for educational institution, individual small business loan, facility loan and personal loan. Similarly, the bank has also introduced commercial vehicle loan at 10.39% interest rate.

Customers can get a minimum loan of Rs 500,000 to Rs 60 million for a period of 10 years. The bank has set a limit of Rs 10 million for home loans.

Customers will be able to use the loan to build a house or buy a house or land. The educational loan scheme is believed to be very useful for students who want to study at home or abroad.

As a special reservation, the premium of interest rate applicable to the above special easy, simple loan scheme has been fixed for a minimum of one year and the service charges for all these loans will remain low till now.

Customers of these loans will also get credit card facility free of cost for one year.