Saturday, 11 January, 2025
By A Staff Reporter, Kathmandu, Apr 16: Citizen Investment Trust (CIT) has announced 10 per cent discount on interest if paid before the end of the current Fiscal Year 2019/20.
Borrowers of the house loan, educational loan and general loan will be entitled to the facility if they paid the interest of four months from mid-March to mid-July 2020 by 15 July this year.
The borrowers can pay the interest of the last four months of the FY once before 15 July, said Information Officer of the CIT Uddab Silwal.
The CIT also offers regular discounts on interest for the timely payments.
Likewise, a meeting of the CIT's Board of Directors on Thursday decided to provide Rs. 200,000 to the family of the participants of the company's pension fund, gratuity fund and investors saving plan in case of their death due to the coronavirus.
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