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, Construction, Repairs, Renovation, Additions, Alteration to the house/flat.|
|Nature:||Terminating loan payable in Equal Monthly Installment|
|Loan Size:||Up to 15.00 Million|
|Tenure:||Repayment period maximum 25 years.|
|Loan Portion:||Maximum upto 40% to70% of Fair Market Value of the Collateral security or purchase price whichever is lower.|
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