CIVIL BANK

Personal Loan

Purpose: To finance requirement of funds to individual.

 

 

 

 

 

 

Basic Eligibility Criteria:

-Borrower must be salaried personal.

-EMI should not be more than 35% of total monthly gross salary.

- Minimum age of borrower should be 23 years not exceeding 58 years.

Features:

Loan Limit

-Minimum of NPR 0.3 mil.

-Maximum of 15 months Gross Salary or NPR 1.5 mil whichever is lower.

Repayment

-Maximum tenure of 5 years or age of borrower should not exceed 58 years upon the last installment(EMI basis).

 

 

 

Rates & Fees:

Interest Rate: Competitive rate and charges.

Documentation

Collateral/Security

-Personal guarantee of spouse if applicant is married

-Personal guarantee of one of the family members if applicant is unmarried.

-Promissory Note, Loan Deed, Mortgage Deed (if offered and acceptable to bank)