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Home Loan

Dream on! We will take you there. With that aim, we have brought Home Loan scheme to make your dreaming of your own sweet home comes true. You just need to step inside to make your dream come true. Information that you need to know to make your decision is mentioned below.
 

Product Purchase Options:

  • Purchase of Land
  • Purchase of Individual house or Apartments
  • Construction of Buildings
  • Renovation / Extension
 

Financing Options:

  • Drawdown up to 66% of the FMV of the property for purchase of land, individual house or apartments
  • Drawdown up to 100% of the construction cost
 

Interest Rate/Other Fees:

  • Interest: As determined by the bank. Current rate: 10.49 % p.a.
  • Fees : 1% Processing fee

Tenor/Maturity:
  • From 3 Years to 20 Years
 

Documents Required:

  • Passport size photo of applicants / guarantor
  • Copy of citizenship document of borrowers / guarantor
  • Copy of Land ownership document (lal purja)
  • Copy of Transfer deed (Rajinama)
  • Blue Print of Land
  • Building construction approval from Municipality / VDC along with drawing plans (applicable where building is involved).
  • Char Killa (four boundary)
  • Land revenue tax (malpot receipt)
  • Income certifying document (salary letter, balance sheet, rental agreement etc)
  • Firm / company registration and PAN in case of business entity.
  • Valuation report from Bank's approved valuators.
  • Tripartite agreement or fourth party agreement between bank, developer and borrower
 

Applicable for loans applied for construction purposes

  • Bill of Quantity (Cost Estimate) provided by the applicants' Consultant / Engineer / Builder or Developer
  • Copy of Building Permit (Naksa Pass) from related authority (Municipality, VDC etc.)