NMB Bank in association with Cititech and Smart Choice Technologies launches Loop Purchase Credit and EMI service
-
Media Baaji
- Wed, 14 October 2026
Kathmandu. NMB Bank Limited has entered into a tripartite agreement with Cititech Group and Smart Choice Technologies SCT to join the Loop Network as 'Issuer Bank'. Through this collaboration, NMB Bank is going to provide easy loan and installment facility for its customers through digital means.
After this agreement, customers of NMB Bank will be able to easily get Instant Purchase Credit (Loop Credit) facility while purchasing goods from various shops and commercial establishments affiliated to the Loop network.
Also, customers can easily convert their NMB Debit Card or QR payments into Monthly Installment Loop EMIs. This facility will help customers to purchase goods, manage budgets and experience simple payments while providing immediate financial access. NMB Bank is currently providing high-level banking services through 197 branches, 176 ATMs and 9 extension counters across the country.
Express
Related News
Today, while the price of gold remained stable, silver decreased, what is the price per tola?
Kathmandu. In the Nepalese market today, the price of gold has remained stable, while the price of silver has decreased slightly. According to the Federation of Nepal Gold and Silver Dealers, today the price of printed gold per tola has been set a...
In the first quarter, the expenditure of Kathmandu Metropolitan City was 12.94 percent
Kathmandu. In the first quarter of the current financial year, the total expenditure of Kathmandu Metropolitan City has reached 12.94 percent. Of the allocated 25 billion 11 crore 43 lakh 41 thousand rupees, 3 billion...
What is the exchange rate of which foreign currency on Tuesday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the determined exchange rate, the buying rate of one US dollar is 147 rupees 58 paisa and the selling rate is 148 rupees 18 paisa. Similarly,...
VAT on electricity will be applicable from July 1 only
Kathmandu. The government has made it clear that the value added tax (VAT) imposed on electricity services will only be implemented from July 1. The Internal Revenue Department has said that even if the bill for electricity consumed in the month o...
Testing of Kohalpur-Surkhet 132 KV Power Transmission Line
Surkhet. The much awaited Kohalpur Surkhet 132 KV power transmission line has been tested. After the construction of the project was completed, the line was tested on Friday. With the completion of the construction of 132 KV transmission line, it...
Yoyo Plywood Industry of Kohalpur closed, more than 600 workers unemployed
left Yoyo Plywood Industries Pvt Ltd located in Kohalpur Municipality-14 of Banke has been closed for the last three months and more than 600 workers working there have become jobless. The workers' jobs were taken away...