Civil Bank Easy Business Loan (CiEL)

Civil Bank Easy Business Loan (CiEL) caters to the various financial requirements of small and medium sized traders/retailers/wholesalers.


Basic Eligibility Criteria

Business house requesting for CiEL must meet the following requirements:

  • The business house must be registered as a Sole Proprietorship or a partnership firm.
  • The business must be in operation for at least 2 years and must be in profit as well.
  • The concerned firm should not be availing loan from any other banks.
  • All the stock should be hypothecated to CiBL as security for the loan availed. CiBL should have first charge on all the current assets.
  • The loan limit under this product type will be subjected to a maximum ceiling of NPR 5.0 Million.
  • The loan limit will be calculated by taking into consideration the working capital requirement of the firm and the number of years in operation.
  • The client will be required to submit a monthly stock and receivables report at the beginning of each Nepali month.
  • Inventory Turnover Ratio (ITR) is also a strong performance indicator for retail/wholesale outlets. Thus in order to minimize the risk involved, ITR of the firm applying for the loan under this scheme should be at least 6:1.


Product Details:

Types of CiEL
CiEL will be revolving in nature and shall be booked of overdraft facility in nature.

Loan Limit
The minimum limit of CiEL is NPR 100,000. The maximum limit of CiEL is NPR 5,000,000.

Loan Tenure
The loan tenure for CiEL (Revolving) in the form of overdraft shall be for a maximum period of 1 year. This facility can be renewed on an annual basis subject to satisfactory transactions in the account. Interest, however, will be paid on a quarterly basis.

Interest Rate
Interest rate on CiEL will be decided by the competent authority from time to time.