Kumari Bank Launches 'Multi-Dispersal' Feature for Digital PhoneLoan Service

Kathmandu. With the objective of making Nepal's digital banking sector more convenient and customer-centric, Kumari Bank has launched the 'Multi-Dispersal' facility under 'Kumari PhoneLoan'. This service, initiated in collaboration with PhoneLoan, a leading digital loan disbursement platform, now gives customers the freedom to withdraw funds multiple times within their approved loan limit according to their needs.Previously, customers were obligated to take the entire approved loan amount at once and had to repay the old loan before applying for a new one. This new facility completely eliminates that hassle. Under this innovative service, eligible customers can withdraw only the amount they...