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
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
- EMI should not be higher than 50% of the gross income of the applicant and/or the spouse
Amount (Percentage Financing)
- Minimum amount of the loan to be NPR500,000/
- Maximum 75% of value of property / cost of construction (as applicable)
Repayment
- Equated Monthly Installment (EMI)
Tenture
Interest Rate
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