View all »

Loans  

Home Loan

Are you looking to:
1. Own a residential property?
2. Extension of your house?
3. Renovating or restoring your old house?
4. Constructing your new house?
5. Building apartment?

How about being an owner of it…?

Well, we have a solution for you.

If you are a salaried individual, professional or an entrepreneur, this is your opportunity to own that dream house.

We finance up to 66.60% of the cost of the purchase; 80.00% construction/ renovation of land/house within municipal boundaries.

All we need is proof of your income and/ or reference/ guarantee from your employer/ individual acceptable to us.

Depending on your income and your need, a loan of NPR 500,000.00 to NPR 10,000,000.00 can be availed of at a very competitive rate of interest. Repayments are calculated on an Equal Monthly Installment (EMI) basis that goes easy on your monthly budget.

Drawdown are allowed on a phase-wise manner to minimize your interest burden. In some cases, you may even qualify for a moratorium on principle repayment for up to 6 months.

And the tenor is kept flexible to suit your need: you can take a minimum of 12 months or a maximum of 240 months to repay. You also have an option of prepaying your loan and all you will be charged is a low 2% on the outstanding amount/ prepaid amount.

So, if you are 21 years (or more) of age or have been in business for at least 2 years, walk in to our nearest office and get a home loan approved for a nominal processing fee. We guarantee a decision on your application within 48 hours of receipt of your completed application.

Our credit & marketing officers will be pleased to provide further information.