Housing Loan is available to purchase readymade / under construction building (including land cost), construct a building on an already owned land, for purchase of adjacent land or extension of existing building.
Individuals of middle and upper middle class income group with regular, adequate, steady and stable source of income
Social religious ceremonies like marriage, pasni, bratabandha etc.
Refurbishment, Consumer durables.
Medical treatment of family member
Basic Eligibility Criteria
Any Nepalese Individuals having stable, steady and reliable source of income to serve the loan installment amount along with due interest
Age of the applicant and the loan tenure collectively should not exceed sixty five years (applicant’s age + loan tenure > 65)
Must be able to provide unencumbered fixed assets collateral (land and building) fully covering the requested loan exposure
The Bank extends loan against Fixed Deposit Receipt, Bonds, Socks and Promissory Notes issued by the Bank itself or other Banks. Under this facility, up to 90% of the value of the FD & Bonds can be disbursed as loan.
The Bank extends loans against various Bonds / Stocks/ Promissory notes issued by the Government/ Nepal Rastra Bank. Under this, upto 90% of the value of such Bonds can be disbursed as Loan. Similarly, the bank can extend loans against bonds issued by commercial banks.
The Bank also advances loan against listed shares of Public Ltd. companies.
The Bank shall extend the loan to eligible farmers engaged in the following agri farming activities