If you are seeking for easy loan for financing your personal project, we have tailored the product that suits best. You shall be able to obtain personal overdraft facilities to meet your financing needs.

Features:

- Collateral (Fixed Assets) shall be required for all the above-mentioned product

- Maximum of 50% of FMV ( or as per the NRB Directives) of the collateral shall be availed as loan

- Collateral should be accessible by at least 10 feet (up to 7 ft in the good prime location) wide motorable Road.

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

- Collateral shall be valued by authorized valuator of the bank

- Maximum tenure of loan shall be of 1 year, renewable upon satisfactory performance of the borrower.

- Client should be at least of 18 years and should not be more than 70 years.

Benefits:

- Easy repayment plan matching with the income of the client

- Personalized service

- Quick processing and decision shall be obtained within 24 hours after complete submission of documents

- Easy documentation

Documentation:

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

- Photocopy of Citizenship of Applicant / Guarantor

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

- Blue Print Map of the proposed collateral land

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

- Land revenue tax (malpot receipt)

- Income certifying document (salary letter, balance sheet, rental agreement etc)

- Firm / company registration and PAN in case of applicant owning business entity

- 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