Target Customer

  • Individuals of middle and upper middle class income group with regular, adequate, steady and stable source of income

Purpose

  • Social religious ceremonies like marriage, pasni, bratabandha etc.
  • Higher education
  • Refurbishment, Consumer durables.
  • Medical treatment of family member
  • Traveling

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

Type of Subidha Loan Scheme

Type Subidha Loan – Non Revolving (Term Loan Facility) Subidha Loan – Revolving (Overdraft Facility)
Loan Limit Rs. 0.20 Million to Rs. 3 Million (2 lacs to 30 lacs) Rs. 0.20 Million to Rs. 1 Million (2 lacs to 10 lacs)
Repayment of principal and interest amount On Equal Monthly Installment (EMI) basis Renewal on annual basis
Loan Tenure 1 to 5 Years 1 Year (renewal on annual basis)

12.00%

-

14.50%

Per Year

how much would you like to borrow?

Get an idea of your repayments and rates using our Himalayan Bank calculator. The results will be based on the

representative APR for the amount you enter. Your actual rates and repayments will be based on your personal

circumstances, the loan amount and the repayment term.

Amount

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Term

in Months

monthly repayment

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the same every month

total amount payable

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the same every month

Annual Percentage Rate

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based on the details you entered

helpful documents

ID related documents:
  • Citizenship Certificate of Applicant and property owner
  • Two Passport size photographs
  • Legal heir Certificate of property owner (Relationship Certificate)


If income shown is from Business

  • Firm/Company Registration/PAN/VAT Registration
  • Article of Association/Memorandum of Association
  • Partnership Deed
  • Tax Clearance Certificate/Tax payment Receipt


Security/Collateral related documents:

  • Property Title Deed (Lalpurja)
  • Blue Print of Cadastral Map (Napi Naksa)
  • Certificate of local government office regarding information of Boundaries (Charkilla)
  • Approved sketch of the Building
  • Trace Map
  • Construction completion certificate (If Fixed Asset Collateral consist of building along with Land)
  • Tax clearance of property


Income Source related documents:

  • Salary Certificate
  • Rental agreement (if any) with identification of tenant
  • Profit and Loss Account/Balance Sheet for two Fiscal Year (if business income)


Besides above documents, additional documents may be required on case to case basis as required by the bank management

FAQs

  • FAQ for this section is coming soon

Expression of Interest Section