Collateral free loan up to Rs 500,000 for sellers in Daraz Nepal

Sellers in Daraz can now avail collateral-free loans up to Rs. 5,00,000 to meet their financing needs.
Daraz NMB Sajilo Karja

In a bid to catalyze MSME driven e-commerce growth, Nepal’s leading e-commerce platform, Daraz Nepal has partnered with NMB bank and launched Daraz NMB Sajio Karja which will facilitate a loan facility for sellers on the Daraz platform.

Sellers can apply for loans up to Rs 500,000 depending on their business needs.

Utilizing the loans, eligible businesses can meet their working capital needs, scale up their operations, invest in technology and infrastructure, and explore new market opportunities. 

MSMEs using Daraz’s platform as sellers are expected to benefit from the facility.

The loan will be processed on paperless basis with simplified documentation requirements along with quick processing time.