If you are planning to start a new business venture or to expand your existing business and have felt of sort for fund for day-to-day management of business or in need of short-term capital or financing need for infrastructure for agriculture project then Salpa Bikas Bank is here as your Easy Financial Partner.

This product can be availed for :

- Purchasing livestock

- Working capital for agricultural business

- Financing Fixed Assets for agricultural business

- Fertilizers and seeds

- Construction of cold storage

- Construction of structure for irrigation

- Vegetable farming

- Horticulture (Fruit Farming)

- Storage of Argo products

- Promotion of Agro Tourism

- Bee Farming

- Floriculture

- Fish

-  Other agriculture purposes as prescribed by Nepal Rastra Bank for the activities for Agriculture Lending

Features:

- Collateral (Fixed Assets) shall be required

- Maximum of 70% of FMV of the collateral shall be availed as loan (if road access is 8 Ft and above)

- Maximum of 60% of FMV of the collateral shall be availed as loan (if road access is 4 Ft to 8 Ft and above)

- Maximum of 50% of FMV of the collateral shall be availed as loan (if road access is below 4 Ft)

- Collateral should be accessible by road as detailed in b.

- Collateral should be free from Guthi and mohi; and far from high tension wire

- Collateral shall be valued by authorized valuator of the bank

- Maximum tenure of loan shall be of 5 years (for term loan)

- Maximum tenure of working capital loan (OD/Cash Credit) shall be 1 year.

- Client should be at least of 21 years and should not be more than 70 years by the time loan terminates

Benefits:

- Easy repayment plan matching with the income of the client

- Personalized service

- Quick processing

- Easy documentation

Documents Required:

- Passport size photograph (2 Copies) of Loan Applicant / (1 copy) of Guarantor

- Photocopy of Citizenship of Applicant / Guarantor

- Photocopy of Registration No and PAN of Company or Firm

- Copy of Memorandum of Association and Article of Association in case of company

- Partnership deed in case of Partnership Firm

- Board Resolution in case of Company

- Application with appointment for authorization for transactions with bank

- Photocopy of Land/Building Ownership certificate (Lal Purja)

- Four Boundary Certificate ( Char Killa )

- Blue Print Map of the proposed collateral land

- Building construction approval/construction completion certificate from Municipality / VDC along with drawing plans (applicable where building is involved)

- Land revenue tax (malpot receipt)

- Audited and Projected Financial Statement

- Feasibility Report of the business or Business Plan

- One house family member declaration/details of the borrowers and guarantor/s.

- Net Worth statement of both borrower and guarantor/s.

- Relationship proof/certification document.

Charges and Interest Rate
Please visit our nearest branch for further information and to learn about charges and interest rate.