Home Loan

Home Loan
 
Finance up to 70% of distress value of property
1. Purchase Readymade Houses/ Buildings
2. Construction of Houses / Buildings.
3. Readymade apartment, bungalow, duplex.
4. Renovation and / or extension of building.
 
Other Features :
1. Collateral for all above products required.
2. At least 8 feet wide, motor able access to the land.
3. Land to be free of guthi or mohi.
4. Land to be far from high tension line.
5. Third Party Collateral – not acceptable.
 

Prepayment & Service Charges
1. 2% of amount prepaid before 1 year.
2. 1% of amount prepaid after 1 year.
3. Service charge 1% of loan amount
 

Tenure
1. Maximum of up to 10 years
2. Repayment : Equal Monthly Installments (EMI)
 

Loan Documentation Fee
Charges as per company’s rules
 

Interest Rate
1. 15% to 16% p.a
2. Loan Amt. up to NPR 1,00,00,000
 

Insurance Charge
1. Insurance charge as per loan amt.
 

Security
1. Other forms of security may be accepted upon terms and conditions.