Nabil Bank is pleased to announce the launch of Nabil Fone Loan service. Nabil Fone Loan is an innovative digital lending service which provides small short term pre-approved loans to individual customers instantly through bank’s mobile banking platform and by use of Virtual Credit Card. With this service, eligible customers can instantly apply for virtual credit card loan using banks’ mobile banking and avail short term loan up to NPR 1 Lakh in minutes. Bank has partnered with F1 Soft International Pvt. Ltd. for the technology.

In the first phase; this service shall be extended to those customers who are maintaining salary/payroll account with the Bank. In future, bank plans to extend the service to other segments of customers as well.