Construction of residential building, purchase of apartment.
Furnishing and renovation of residential building/apartment.
Purchase of land for construction of residential house.
Loan Limit: Minimum NPR 0.3 mil. to Maximum NPR 80.0 mil.
Insurance: Comprehensive policy as per banks’ clause.
Basic Eligibility Criteria:
EMI should not be more than 50% of income of borrower along with other family members.
Minimum age of borrower should be 18 years not exceeding 70 years.
Rates & Fees:
Interest Rate: Competitive rate and charges.
Repayment: Minimum tenure of 5 years and maximum tenure of 25 years or age of 70 years (EMI basis).
-Mortgage of property
-In case of allotment of flat/ buildings, a tripartite agreement shall be executed amongst Developers, Borrowers & Bank
-Personal guarantee of person(s) acceptable to the Bank shall be obtained.