Personal Loan
NIC Asia Bank — NIC Asia Personal Loan
Compare against 2 other Personal Loan offers on ArthaSathi
Interest Rate
12.00–16.00%
Loan Amount
NPR 1,00,000–20,00,000
Processing Fee
1.00%
Approval Time
5 days
What would you actually pay?
Move the sliders — this recalculates against NIC Asia Personal Loan's real rate band, live.
Estimated monthly EMI
NPR 22,244
Total interest—
Total payment—
Estimate only — your actual rate depends on the bank's assessment. Open the full EMI calculator with prepayments →
Key features
- ✓Minimal documentation
- ✓Approval in 48 hours
- ✓No collateral required
- ✓Flexible repayment
Compare Personal Loan offers
2 other offers on ArthaSathi, ranked alongside NIC Asia Bank.
NIC Asia Bank
NIC Asia Personal Loan
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Rate12.00–16.00%
Max amountNPR 20,00,000
Fee1.00%
Tenure60 mo
Frequently asked questions
What documents do I need to apply for a loan?
Typically your citizenship/ID, income proof (salary slip or business registration), bank statements, and passport-size photos. Some loan types require additional collateral documents.
How long does loan approval take in Nepal?
Most Nepali banks approve straightforward applications in 3–14 business days, depending on the loan type and how quickly you provide documentation.
Can I prepay or foreclose my loan early?
Yes, most banks allow prepayment. Some apply a small prepayment charge in the first few years — check the specific product’s terms before applying.
Will checking my eligibility affect my credit score?
No. Using LoanBazaar’s eligibility checker is a soft check and does not affect your credit score or CIB record.
Can I apply for a loan from more than one bank at a time?
Yes, you’re free to compare and apply to multiple banks — that’s exactly what LoanBazaar helps you do before committing to one.