Saral Banking Sewa

Everest Bank Home Loan

Get Home loan of up to Rs.20,000,000.00 at attractive rates starting at 9.86% p.a. with flexible tenures of up to 20 years.

Everest Bank Ltd. Loan Details

+ up to 4.5%
Up to 1% One time fee
Up to Rs.20,000,000.00
Up to 20 Years

Everest Bank Ltd. Loan Details

+ up to 4.5%
Up to 1% One time fee
Up to Rs.20,000,000.00
Up to 20 Years

With Everest Bank's Home Loan, you can construct or purchase a house/flat. This loan also covers the expenses of repair/renovation to the house/flat. You can also leverage this loan for the purchase of land to construct building for residential purpose.

Eligibility Criteria

  • EMI should not be more than 60% of *disposable monthly income of the borrower along with that of the spouse/ other members of the family.
  • Age of Applicant shall not be more than 60 years

Purpose

  • Construction & Purchase of house/flat
  • Repairs / renovation / additions / alteration to the house/flat
  • Purchase of land to construct house/building for residential purpose

 

Repayment

  • Maximum 20 years or age of 65 years(either of joint borrowers) whichever is earlier.

 

Comprehensive policy as per banks’ clause.

Residential Housing Loan up to Rs. 1.50 crore:

  • Minimum 10% (in case of construction) however, total margin including cost of land/existing building shall in no case be less than 25%.
  • Minimum 25% of bank value in case of outright purchase of house/flat of the tentative Bank Value
  • Minimum 40% of bank value in case of Land purchase

 

Residential Housing Loan for more than 1.50 crore:

  • Minimum 25% in case of construction / addition / repair / renovation of the proposed cost.
  • Minimum 25% of bank value in case of outright purchase of house/flat of the tentative Bank Value
  • Minimum 50% of bank value in case of Land purchase

(subject to NRB stipulation)

  • Mortgaged of property (Min 8 feet motorable access)
  • In case of allotment of flat/building, a tripartite agreement shall be executed amongst Developers, Borrowers and Bank
  • Personal guarantee of persons acceptable to the Bank shall be obtained.

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.