KATHMANDU, Dec 23: Kathmandu Finance has launched collateral-free loan for professionals having regular income. Issuing a statement, the finance company said it would give five-year term loan of up to Rs 1.5 million to professionals like doctors, engineers, chartered accountants, and self employed people having regular income.
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Borrowers are required to pay interest and loan amount in monthly installment, the company said. Kathmandu Finance is also preparing tp issue 1:1 right shares to its shareholders as part of its capital increment plan. The company has paid-up capital of Rs 183.8 million.
