header
                        banner
ECONOMY

PAN number mandatory for loan above Rs 5m

KATHMANDU, July 24: Nepal Rastra Bank has made mandatory provision to possess PAN number for those seeking loans abo...
By Nribesh Nepal

KATHMANDU, July 24: Nepal Rastra Bank has made mandatory provision to possess PAN number for those seeking loans above Rs 5 million.


Related story

PAN mandatory for all income earners from mid-July


Now onward, bank and financial institutions are obliged to ask PAN number before issuing the loan, according to the monetary policy revealed on Wednesday. Earlier, an individual getting a bank loan of more than Rs 10 million needed to have a PAN number.

Related Stories
ECONOMY

IRD issues nearly 100,000 PAN in 45 days

1 min read
ECONOMY

PAN mandatory for stock investors from FY 2018/19

1 min read
ECONOMY

Asan shut to protest against mandatory PAN provisi...

1 min read
ECONOMY

Mandatory SSF, PAN provisions will put SMEs at ris...

1 min read
ECONOMY

Nepal Stock Exchange bows to investor groups, plan...

1 min read