!! Helping you realize your dreams !!

Purpose 

• Purchase of residential plot (land) and to construct residential building.
• Purchase of Individual houses / Residential apartments.
• Purchase of Bungalow / Apartment constructed by builders/ developers. 
• Refinancing of already built residential land and building.
• Renovation, modification, extension of existing building. 
• Purchase of loan from another bank or financial institutions. 

• Competitive Premium rate.
• Flexible Repayment Schedule: Monthly (EMI) or quarterly (EQI) basis.
• Fast approval process.
• Prompt services.
• Facility available in all branches.
• Tenure: up to 25 years.
• Financing up to 50% of fair market value of property within Kathmandu Valley and 60% outside Kathmandu valley.
• Grace period up to one year
• Counseling to help better financing by our Relationship Managers throughout the process

• Individual- Nepalese Citizen above 21 years. Spouse/father/mother/brother/sister (living in single family) will also be eligible as a co-applicant with personal guarantee.
• Salaried individual, self-employed persons, Company/firm having sufficient income and cash flow to serve debt.
• Sufficient income source to repay at the satisfaction of the Bank.
• Company (Pvt./Public)/Proprietorship/Partnership (duly registered with the concerned government authority) proposing to use the apartments for residential use.
• Purchase of loan is subject to the satisfactory debt servicing to other Banks/FIs. 
• EMI /EQI– 50% of gross income.
• EMI /EQI– 80% of uncommitted (disposable) income.
• Acceptable collateral to the bank (the residential property being purchased).

• 2 Passport size photo of applicant.
• Photocopy of Citizenship certificate of applicant and guarantor.
• Photocopy of Tax/PAN/VAT certificate along with registration certificate.
• Photocopy of Article of Association and Memorandum of Association if applicable.
• Board resolution to avail loan in case of company.

• Latest Salary certificate issued by employer.
• Contract between applicant and his/her employer.
• Photocopy of Rent Contract if any.
• Photocopy of audited/management prepared Financial Statements.
• Lease agreement in case of rental income.
• Others documents if any.

• Loan application firm duly filled and signed in standard format of the Bank.
• Name of the family members with age.
• Net worth declaration.
• Original quotation of housing company, if being bought from housing company.
• Original Blue Print of the land (Napi Naksha) certified by concerned authority.
• Copy of construction completion certificate from Municipality/Rural Municipality in case of purchasing already built house (Nirman Sampanna Pramanpatra – construction completion certificate).
• Copy of detailed breakdown of cost estimation from the applicant’s consultant.
• Copy of land ownership certificate (Lalpurja).
• Original latest land revenue receipt (Malpot Receipt).
• Copy of blue print of building approved from Municipality/ Rural Municipality (Naksha Pass).
• Copy of land Transfer Deed (Rajinama).
• Original four Boundary Disclosure (Char Killa Pramanit) from ward office.
• Approval letter of municipality for extension and renovation/modification (if needed) of house.
• In case of Purchase of loan, loan statement from other banks and financial institution.
• Net worth declarations.
• Other documents stipulated by the Bank from time to time.