NMB Bank launches instant purchase credit and EMI service on Loop Network
NMB Bank Ltd has entered into a tripartite agreement with CityTech Group and Smart Choice Technologies to join the Loop Network as an 'Issuer Bank'. This collaboration will provide customers with easy digital access to credit and installment facilities.
Kathmandu – NMB Bank Ltd has signed a tripartite agreement with CityTech Group and Smart Choice Technologies (SCT). Under this agreement, the bank has joined the Loop Network as an 'Issuer Bank'. This collaboration will enable NMB Bank customers to easily access credit and installment facilities through digital channels.
Following the agreement, NMB Bank customers will be able to avail Instant Purchase Credit (Loop Credit) when purchasing goods from various shops and business establishments connected to the Loop Network. Additionally, customers can easily convert payments made through their NMB debit card or QR into monthly installments (Loop EMI).
This facility will provide customers with immediate financial access, helping them purchase goods, manage budgets, and enjoy a seamless payment experience.
NMB Bank currently provides high-quality banking services through 197 branches, 176 ATMs, and 9 extension counters across the country.