Historically and traditionally, Nepalese have preferred to buy land and build houses themselves. Now, with the changing lifestyle, demand for ready built houses is also in the rise. Considering these points, the Bank offers loan for different needs and situations. The Bank provides financing for the purchase of land and/or building, apartment, renovation, construction and extension of residential properties.
| Purpose: | To finance a purchase of a plot of land and/or readymade building or a Bungalow/Apartment built by developers/builders, Construction, Repairs, Renovation, Additions, Alteration to the house/flat for personal occupancy or rent. |
| Nature: | Terminating loan payable in Equal Monthly Installment |
| Loan Size: | Up to 50.00 Million |
| Tenure: | Repayment period maximum 25 years. |
| Loan Portion: |
For purchase of a plot of Land: The Bank’s finance shall not exceed 50% (for property located inside valley and outside Kathmandu Valley) of the fair market value of the collateral security or the purchase price whichever is lower. |
Eligibility Criteria:
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