Short-Term Business Loan
This type of loan will be provided for the operation of short-term business transactions of cooperative union/institutions specifically targeting the short-term business area of the members associated with the union/organization
Through such guarantee letters, NCBL undertakes responsibilities to provide fund (guarantee amount), following a default by you of your contractual or other obligations
But whatever the situation is we have good reason to be the best in the capability, ability of our brand name to face challenges, take the risks and take advantages of profitable opportunities and in fact improvement and achievements year-on-year
NCBLNational Cooperative Bank Limited (NCBL) was established in 2003, as the only bank in the cooperative movement of Nepal at national level, in exercise of the power conferred by the sub-section 4 of section 26 under the then prevailing Cooperative Act, 1992 (first amendment, 2000) and from the recommendation of Nepal Rastra bank (Central bank of Nepal) as an umbrella institution to provide banking and financial services to all its member cooperatives following the long and continuous demand and efforts of cooperators
Based on the suggestions received, the cooperative organizations will be able to improve the organizational activities and further institutional development
After filling the complete form of the bank, the co-operative union/society is contacted by the
union / society and the union/ institution has been called to the branch office, at that time the
association/ institution should be present with the entire document
A cooperative organization can issue COOP Card in its own name to attract new generation of members by promoting use of latest payment technology and maintain trust by reducing risk of cash transactions
Based on the proposal passed by the annual general meeting, the NCBL Board has established a training department with a training sub-committee at its head office to conduct regular training programs for its members
