Get Home loan of up to Rs.20,000,000.00 at attractive rates starting at 8.36% p.a. with flexible tenures of up to 20 years. The processing fee varies between 0% and 1% of the loan amount.

Everest Bank Ltd. Loan Details

title

Everest Bank Ltd.

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Interest Rate

+ up to 7% p.a. over base rate

Loan Tenure

Up to 20 years

Loan Amount

Up to Rs.20,000,000.00

Processing Fee

0% - 1% of the loan amount
title

Everest Bank Ltd.

+ up to 7% p.a. over base rate
Interest Rate
Up to 20 years
Loan Tenure

Up to Rs.20000000

Everest bank is dedicated to helping its customers to achieve their dream home by providing home loans for a specified period of time.

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.
  • Disposable monthly income means total income of the borrower less existing obligation from FIs.
  • Age of Applicant shall not be more than 60 years

Documents

  • 2 Passport size photo of applicant
  • Citizenship and/or Passport
  • Mortgaged of property (Min 8 feet motorable access)
  • Personal guarantee of person(s) acceptable to the Bank shall be obtained.

Purpose

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

 

 

CREDIT FACILITIESFLOATING INTEREST BAND
Housing Loan (upto 1 cr.)BR+2.00% to BR+5.00%
Housing Loan (above 1 cr.)BR+2.50% to BR+5.00%
Other Documents
  • In case of allotment of flat/ buildings, a tripartite agreement shall be executed amongst Developers, Borrowers & Bank.

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)

Disclaimer

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.