KATHMANDU: NIC Asia has launched new scheme named ‘Easy Business Loan’ targeting small and medium enterprises. The loan can be easily acquired by fulfilling all set criteria from all the branches of the bank, as per a statement issued on Saturday. The specialty of the scheme includes loan amount ranging from Rs 300,000 to Rs five million with minimal interest rate, payback period of 15 years, provision of simple monthly instalments and hassle-free procurement process.