Kathmandu. Siddharth Bank Limited has launched an online application service for share mortgage loans with the aim of addressing the financial needs of customers easily and quickly.
Through this facility introduced by the bank, customers can apply online for necessary loans by pledging their shares. It has been arranged that the application can be made through the bank’s mobile banking app ‘BankSmart XP’ by going to Easy Loan > Loan Services > Loan Against Share.
According to the bank, the customer can get a loan of up to 70 percent based on the valuation of the mortgaged shares. The bank believes that this facility will make it easier for the customer to raise the necessary financial resources for their personal and business needs.
The bank said that the share mortgage loan facility, launched with the aim of providing fast, safe and reliable financial services to the customers, is available at all branches of Siddharth Bank.
For more information about this service, the customer can contact the bank’s 24-hour customer service center ‘Siddharth Care’.