L O A D I N G

Get Home loan of up to Rs.50,000,000.00 at attractive rates starting at 9.45% p.a. with flexible tenures of up to 35 years.

title

Nabil Bank Loan Details

+ up to 6%
Up to 0.75% One time fee
Up to Rs.50,000,000.00
Up to 35 years
title

Nabil Bank Loan Details

+ up to 6%
Up to 0.75% One time fee
Up to Rs.50,000,000.00
Up to 35 years

Eligibility Criteria

  • Age of applicant/co-applicant should be minimum 18 years at the time of loan origination and maximum age at the time of loan maturity can be 70 years.
  • All individuals having sufficient level of income to repay EMIs.
  • Salaried individual - Should be in permanent service.
  • Self Employed individual – Business should be at least 2 years in commercial operation.
  • The plot should have at least 8 feet wide road with motor able access.
  • The plot should be free from Guthi and/or Mohi.
  • The plot should be far away from high tension line.
  • Third party collateral is not acceptable

Documents

  • Photograph (2 copies each)
  • Citizenship and/or Passport
  • Land Ownership Certificate (Lalpurja)
  • Rajinama or Bakaspatra or Ansha-banda

Fees & Charges

  • Loan Administration Fee - 0.75% of the loan amount
  • Commitment Fee 0.15% of the unutilized limit

Features of Housing Loan

  • Attractive & competitive interest rate.
  • Quick and transparent loan processing
  • Flexible loan tenure up to 35 years
  • Equated Monthly Installment (EMI) payment solution
  • Interest is charged on the reduced principal outstanding
  • Moratorium period of up to 12 months for building construction
  • Loan processing from wide range of branch networks
  • Personal counseling throughout the process
  • Simplified documentation

1.Identification

  • Marriage Certificate (if applicable)
  • Bank (deposit & loan) account statement of at least 6 months
  • Firm/Company Registration Certificate (if applicable)
  • PAN/VAT Certificate (If applicable)
  • Article of Association (AOA) and Memorandum of Association (MOA) (if applicable)
  • Partnership Deed (if applicable)
  • PAN Certificate (Loan amount equal or above 5 million )
  • PAN Certificate of the individual (for Loan amount above NPR 5 million)
  • Relationship Certificate (if applicable)
  • Location Map (Residence & Office)

2. Security/Collateral

  • Malpot Receipt
  • Tax clearance of building
  • Blue Print and trace map
  • Char Killa Pramanit
  • Approved house map
  • Nirman Sampanna Patra/Abhilekhikaran
  • Ghar Kayam in Lalpurja in case of existence of house

3. Income Source

  • Salary certificate
  • Rental agreement (If any) along with tenant’s identification
  • Audited financials of last 2 fiscal years (If business income)
  • Pension Certificate ( Patta)
  • Copy of renewed/valid blue book of vehicle along with route permit (If income is from commercial vehicle)
  • Salary certificate, work permit, valid passport with visa, pay slip and bank account statement (If income is from foreign employment)
  • Latest tax paid receipt or tax clearance certificate for all income (where ever applicable)

4 Other Requirements

Copy of Land Ownership Certificate of residential house (where ever applicable)

  • Prepayment Fee: 0.15% on amount prepaid. No prepayment fee for loan limit of up to and below 50 lacs.

    0.15% of outstanding in case the loan is taken over by other Banks or FIs

  • Valuation Charge: 0.125% of Fair Market Value or NPR 30,000 whichever is lower.
  • Penal Charge :
  1. Principal Default : @ 2% p.a. for overdue principal amount for delayed
  2. Interest Default  : Penal Interest shall be collected @2% plus on effective interest rate (i.e. base rate +applicable premium rate) of the particular defaulted account on overdue interest amount for delayed period.
  • CIC Charge : On Actual Basis
  • Late Payment Fee : NPR 500 each in case of principal and/or interest default

  • Equated Monthly Installment (EMI) of the borrower should not exceed 50% of the borrower’s Gross Income after deducting other loan obligations
  • Disclosed income must be substantiated by the transaction volume of the bank account along with tax paid receipts
  • In-case of existence of building or construction financing, the building to be insured against Fire, Earthquake, terrorism, etc as applicable with the Banker’s Clause for full value
  • The property proposed for the mortgage should have at least 8 feet wide motor able access. if the property is 1 ropani or above in area 10 feet wide motor able access is required.

Saral Banking Sewa is solely a  loan comparison site of Nepal. We just help you to find a perfect loan . For that our customer care team  is always ready to guide you with banking  process. We donot guarantee any kind of loan to a customer. And the loan shown here can be change any time.