Basic Eligibility Criteria

  • Any Nepalese Individuals of at least 21 Years of age having stable, steady and reliable source of income from job, rent, pension, remittance supported by the document.
  • Age of the applicant and the loan tenure collectively should not exceed Seventy years.
  • Must be able to provide unencumbered fixed assets collateral as primary security. The proposed site should have accessible road of at least 8 feet width.

Repayment Of Home Loan

  • On Equal Monthly Installment (EMI) basis.

Targeted Customer

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

Loan Tenure

  • 3 to 25 Years

Loan Limit

  • Minimum Rs. 0.50 Million (5 Lacs) to Rs. 20.00 Million (Rs. 2 Crore)
  • For purchase of land alone- Maximum Rs. 7.5 Mil. (Rs. 75 Lacs)

Type of Home Loan Scheme

Type of Home Loan Purpose Maximum Financing
Home loan purchase Purchase of house
Purchase of land alone
80% of purchase Value
60% of purchase Value
Home Loan Construction Construction of Houses 100% of cost estimate
Home Loan Extension Additions/extension/renovation
/modification
100% of cost estimate

Attached file with this article

File
Download this file (Home_Loan_application_english.pdf)

Frequently Asked Questions

Any individuals or a group of individuals or a company/institution holding a valid ID as per the bank’s requirement can open an account.

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