LOAN

 


We provide several loan facilities to our valuable customers such as Hire Purchase loan, Housing Loan, Real-estate Loan, Education Loan, Share Loan, Loan against Fixed deposit and any more…

 

1. Agricultural Loan

 Features:

    • Financing up to 50 % of Fair Market value.
    • Loan tenure of maximum 5 years.
    • Rate of interest : Base rate + premium upto 5%
    • Processing fees of 1.25%

 Required Documents:

  • Loan application
  • Citizenship of borrower
  • Family details
  • Lalpurja, Blueprint and Trace map of land and building
  • Tax payment receipt of land and building
  • Char Killa Pramanit from ward office/VDC
  • Monthly income source with supporting documents
  • Other documents based on requirement

2. Hire Purchase Loan

Purpose:

Financing available for all Kind of new and Recondition vehicles.

Features:

  • Financing up to 65% of Fair Market value for Private Vehicles.
  • Financing up to 70% of Fair Market value for Public Vehicles.
  • Loan tenure of maximum 7 years.
  • Processing fees of 1.25%.

 Required Documents:

  • Loan Application
  • Citizenship of borrower
  • Family details of borrower
  • Bluebook of vehicle/ Driving License
  • Monthly income source with supporting documents
  • Vehicle Invoice (Quotation / Valuation report)
  • In case of business Vehicle (Route permit)
  • Other documents based on requirement

Rate of interest : Base rate + premium upto 5%

 

3. Education Loan

Purpose

For the payment of admission fees, monthly fees, examination fees, books, stationery and instruments required for course undertaken by borrowing scholar.

Features:

  • Financing up to 50 % of Fair Market value.
  • Loan tenure of maximum 5 years.
  • Rate of interest : Base rate + premium upto 5%.

 Required Documents:

  • Loan application
  • Citizenship of borrower
  • Family details
  • Education certificates
  • Lalpurja, Blueprint and Trace map of land and building
  • Tax payment receipt of land and building
  • Char Killa Pramanit from ward office/VDC
  • Monthly income source with supporting documents
  • Offer Letter of the applying College/School
  • Other documents based on requirement

 

4. Share Loan

Features:

  • Financing up to 50 % of valuation amount on basis of NRB Guidelines.
  • Processing fees of 1.25%.
  • Loan tenure of maximum 1 year.
  • Rate of interest : Base rate + premium upto 5%

Required Documents:

  • Loan application
  • Citizenship of borrower
  • Family details
  • Monthly income source with supporting document
  • Demate Statement
  • Other documents based on requirement

 

5. Home Loan

Purpose

  • Construction/Renovation/Extension of House.
  • Purchase of House/Apartments.
  • Purchase of land or land and building or apartment for individual purpose.

Features:

  • Financing up to 50 % of Fair Market value  inside Kathmandu valley
  • Financing up to 60 % of Fair Market value  outside kathmandu valley
  • Loan tenure of maximum 15 years.
  • Rate of interest : Base rate + premium upto 5%
  • Processing fees of 1.25%.

Required Documents:

  • Loan application
  • Citizenship of borrower
  • Family details
  • Lalpurja, Blueprint and Trace map of land and building
  • Tax payment receipt of land and building
  • Char Killa Pramanit from ward office/VDC
  • Ownership transfer documents (Rajinama likhet)
  • Building construction permission
  • Construction completion certificate (If building is attached to land and completed)
  • Monthly income source with supporting documents
  • Other documents based on requirement

6. FD loan

Purpose

  • Personal expenses such as purchase of car, renovation of house, children’s education, medical expenses, etc.
  • Business requirements, working capital, purchase of assets, equity contribution, etc.

Features:

  • Financing up to 80 % of fixed deposit value.
  • Rate of interest : Upto 3% on coupon rate on FDR

 Required Documents:

  • FD certificate
  • Loan application
  • Other documents based on requirement

 

7. Personal Loan

 

Features:

  • Financing up to 50 % of Fair Market value  inside Kathmandu valley
  • Financing up to 60 % of Fair Market value  outside kathmandu valley
  • Loan tenure of maximum 5 years.
  • Rate of interest : Base rate + premium upto 5%
  • Processing fees of 1.25%.

 Required Documents:

  • Loan application
  • Citizenship of borrower
  • Family details
  • Lalpurja, Blueprint and Trace map of land and building
  • Tax payment receipt of land and building
  • Char Killa Pramanit from ward office/VDC
  • Ownership transfer documents (Rajinama likhet)
  • Building construction permission
  • Construction completion certificate (If building is attached to land and completed)
  • Monthly income source with supporting documents
  • Other documents based on requirement

 

8. Business Loan

Features:

  • Financing up to 60 % of Fair Market value.
  • Loan tenure of maximum 8 years.
  • Rate of interest : Base rate + premium up to 5%
  • Processing fees of 1.25%.

 Required Documents:

  • Loan application
  • Citizenship of borrower
  • Family details
  • Company / firm registration certificate
  • PAN registration certificate
  • Memorandum of association and Artical of association
  • Share lagat
  • Balance Sheet with TAX clearance certificate
  • Minute of company
  • Lalpurja, Blueprint and Trace map of land and building
  • Tax payment receipt of land and building and Char Killa Pramanit from ward office/VDC
  • Ownership transfer documents (Rajinama likhet)
  • Building construction permission
  • Construction completion certificate (If building is attached to land and completed)
  • Monthly income source with supporting documents

Other documents based on requirement

 

Credit Facilities 

Premium Rate(% per annum) 
Home Loan Base rate + premium upto 5%
Auto Loan
Commercial Vehicle Loan (HP)
Real Estate Loan
Personal Loan (Installment Credit & Personal Overdraft)
Professional Loan
Education Loan
SME Loan/ Business Loan
Loan against share securities/ margin lending
Deprived Sector Loan (Retail)
Deprived Sector Loan (Institutional) As per agreement with MFIs
Loans under consortium financing As per the consortium agreement
Loans under FDR Upto 3% on coupon rate on FDR
Fixed Interest Rate Loan (For Individual) 13.00%