Citizens Bank customers can now take loans of up to Rs 200,000 from their mobiles

Citizens Bank customers can now take loans of up to Rs 200,000 from their mobiles

Citizens Bank International Limited, in collaboration with F-One Soft International Pvt., Has launched a new loan facility called ‘Pede Loan’ for the convenience of its customers.

Chief Executive Officer of the Bank Ganesh Raj Pokhrel unveiled the ‘Pay Day Loan’ scheme during a virtual program organized at the Bank’s head office Durbar Marg on June 4.

Customers who operate a salary account in a bank and make regular transactions in a savings account will be able to easily avail the ‘Pay Day Loan’ facility from mobile banking for a maximum of 30 days up to a maximum of Rs 200,000 without having to apply for a loan or submit legal documents.

The bank is confident that it will get maximum benefit from this loan facility to manage the expenses required by the customers.

The bank believes that it will be popular due to its features like no collateral, no paperwork, no bank branch visit and instant loan.

The bank has launched the ‘Pay Day Loan’ scheme with the objective of providing simple and easy service to the customers by making its services digital friendly.


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Rabins Sharma Lamichhane

Rabins Sharma Lamichhane is the owner of RabinsXP who is constantly working for increasing the Internet of Things (IoT) in Nepal. He also builds android apps and crafts beautiful websites. He is also working with various social services. The main aim of Lamichhane is to digitally empower the citizens of Nepal and make the world spiritually sound better both in terms of technology and personal development. Rabins is also the first initiator of Digital Nepal.

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