Personal Loan

Personal Loan

Who can apply for the loan?
The applicant must be a Nepali citizen who is employed with a stable job or self-employed with a regular income source.

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.

Service Charges & Loan Renewal Charges
1. Service charge 1% of loan amount
2. Loan Renewal Charge every year 1% on remaining loan amount.

1. Maximum of up to 1 years
2. Repayment : Diminishing Base loan

Loan Documentation Fee
Charges as per company’s rules

Interest Rate
1. 15% to 17% p.a
2. Loan Amt. upto NPR 10,00,000

Insurance Charge
1. Insurance charge as per loan amt.

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