Oh Snap!

Please turnoff your ad blocking mode for viewing your site content

Civil Bank has introduced the facility of Kisan Samridhi Card for the prosperity of farmers


Rabindra Dhungel, 25 september 2020. Civil Bank has introduced the facility of Kisan Samridhi Card for the prosperity of farmers. The bank has launched this card service for the prosperity of all farmers in line with the policy of promoting the agricultural sector of the country.



This service is targeted at the customers involved in any agricultural profession. The income earned from agricultural work is being saved on a regular basis and if necessary, the savings can be withdrawn and if it is not enough, more amount can be withdrawn from the same account in the form of loan.
In order to avail this loan facility, cultivable land can also be pledged and loan facility of up to Rs. 500,000 per farmer family is provided.





To avail this facility, the customer has to contact the bank and open a savings account. The bank will pay interest as long as the customer has savings in the account. At the end of each quarter, the net interest amount paid to the customer and remitted to the bank will be calculated.




This loan facility will be made available to the farmers who are embracing agriculture as their main occupation through an overdraft card with a fixed credit limit which can be easily availed when they need money. It is not necessary to register a firm for this loan facility.





As per the directive issued by Nepal Rastra Bank, this facility can be availed at low interest rate as 5% subsidy will be available at the interest rate of this facility. The bank has brought this loan facility to help and encourage to increase agricultural production through agricultural self-employment in the current difficult situation created due to Corona.




There are more than 470,000 customers so far. 68.60 billion by mobilizing more than Rs. The bank has also provided services from 114 branches and 2 extension counters and 5 branchless banking service counters with an investment of Rs 55.28 billion.

  • Facebook
  • Twitter
  • Linkedin
  • Pinterest
  • stumbleupon
  • Reddit

Leave a Comment

Your email address will not be published. Required fields are marked *

This div height required for enabling the sticky sidebar
Ad Clicks : Ad Views : Ad Clicks : Ad Views : Ad Clicks : Ad Views :