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
The loan period can be shorter than the term of the deposit, and the interest rate on the loan is set at 2% higher than the interest rate on the related savings account
s term can be shorter than the fixed deposit term, and the interest rate on the loan is set at 2% higher than the interest rate on the related savings account
