KATHMANDU: Nabil Bank launched ‘Nabil Nari’, a complete packaged product designed exclusively for Nepali women, on Thursday.

It has introduced three new products under Nabil Nari — ‘Nabil Premium Nari Bachat’, ‘Nabil Nari Karja’ and ‘Women Run Microenterprises Loan’ — to cater to all the financial needs of Nepali women, in terms of encouraging savings as well as enhancing women entrepreneurship in Nepal.

The Nabil Premium Nari Bachat offers a competitive interest rate of 4.75 per cent per annum with attractive features and special benefits and features like Nabil SmartBank, credit cards (both local and international), demand drafts/Swift transfers, locker facility, among others.

Furthermore, Nabil Nari Karja is an SME loan product designed specifically for women, which aims to provide a flexible loan with a very competitive interest rate of 9.99 per cent.

The Women Run Microenterprises Loan is an interest subsidised product under direct deprived sector lending on an EMI basis with interest of 3.94 per cent.