Loans
Housing Loan
Interest Rate: 16%Eligibility:
- Borrower shall be Nepalese Citizen
- Salaried individual, self- employed professionals/businessmen, or the person having identifiable and regular income sources
Purpose of Home Loan
- To purchase Land and readymade house
- To renovate, maintenance, extension, exteriors & interior decoration of house
- To construct a house by purchasing land
- To Construct a house on own land
- To purchase Apartment
Basic Documentation:
- Completed application form
- Details of the guarantor, if any
- Citizenship of the applicant
- Passport sized photo
- Income statement of the applicant to authenticate the regular income source.
- Documents related to land and building
- Land ownership certificate
- Building construction permission letter from the competent authority
- Land revenue payment receipt
- Four boundaries certificate
- Blue print of land
- Drawing of the building to be constructed (where applicable)
- In case of salaried individuals
- Salary Statement from the employed organization/company
- Latest two salary slips (if any).
· In case of self employed professionals
o Detail of income source/ profession
o Proof of last 2 years of continuous practice
· In case of self employed businessman
o Company registration certificate (If any)
o Income Tax Certificate
o Financial statements related to the business
Effective From: 2078 Falgun 22
