Purpose
For part financing of:
- Purchase of land and construction of furnished house
- Construction of furnished house on existing land
- Purchase of furnished house from persons/real estate developers
- Extension / Renovation of existing house
- Purchase of apartment
Features
- Free Life Insurance Facility up to 25 lakhs*
- 5 to 20 years of Loan Period
- Quick and Hassle free service
- Euity Financing
- House Construction and Purchase
- Easy Monthly Installment
Eligibility
Self-employed Professionals, Employees of Corporate Entities, Employees with the Employer willing to sponsor and any individual having a sustainable source of income
Basic Criteria
- Maximum age of applicant to be 50 years
- The applicant should have as table and sustainable source of income
Documents Required
- Three Recent Passport size photographs
of applicant/account operator
- Evidence of identification of account operator (Citizenship/Passport/Driving
license/Voter's ID)
- Copy of personal bank account statement
for last six months where salary/pension/ income of applicant
- Copy of last 3 months credit card
statement
- Copy of land ownership certificate
- Copy of Char killa Pramanit( boundary
demarcation) from ward office/ VDC
Amount (Percentage Financing)
- Minimum amount of the loan to be NPR500,000/
- 100% of cost of construction
Repayment
- Equated Monthly Installment (EMI)
Tenture
Interest Rate
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