Banks and financial institutions are required to ask Permanent Account Number (PAN) before disbursing personal loan in accordance with NRB directives 2076. Earlier, an individual applying for personal loan of 1 crore or more are required to have PAN number.
Nepal Rastra Bank has made mandatory provision to obtain PAN number for those individuals seeking loans of 50 lakhs or more. For the purpose of calculating the amount of 50 lakhs, loan disbursed to same individual under various product category needs to be added.
No comments:
Post a Comment
Please provide your valuable feedback and suggestions