Get Home loan of up to Rs.10,000,000.00 at attractive rates starting at 9.42% p.a. with flexible tenures of up to 25 years. The processing fee varies between 0% and 1% of the loan amount.

Global IME Bank Loan Details

title

Global IME Bank

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Interest Rate

+ up to 6% p.a. over base rate

Loan Tenure

Up to 25 years

Loan Amount

Up to Rs.10,000,000.00

Processing Fee

0% - 1% of the loan amount
title

Global IME Bank

+ up to 6% p.a. over base rate
Interest Rate
Up to 25 years
Loan Tenure

Up to Rs.10000000

Owning a house is dream to many. Global IME bank not only provide home loan at competetive interest rate but also in a hassle-free way.

Eligibility Criteria

  • Individual- Nepalese Citizen above 21 years. Spouse/father/mother/brother/sister (living in single family) will also be eligible as a co-applicant with personal guarantee.
  • Salaried individual, self-employed persons, Company/firm having sufficient income and cash flow to serve debt.
  • Sufficient income source to repay at the satisfaction of the Bank.
  • Company (Pvt./Public)/Proprietorship/Partnership (duly registered with the concerned government authority) proposing to use the apartments for residential use.
  • Purchase of loan is subject to the satisfactory debt servicing to other Banks/FIs.
  • EMI /EQI– 50% of gross income.
  • EMI /EQI– 80% of uncommitted (disposable) income.
  • Acceptable collateral to the bank (the residential property being purchased).

Documents

  • • 2 Passport size photo of applicant.
  • • Photocopy of Citizenship certificate of applicant and guarantor.
  • • Photocopy of Tax/PAN/VAT certificate along with registration certificate.
  • • Photocopy of Article of Association and Memorandum of Association if applicable.
  • • Board resolution to avail loan in case of company.

Purpose 

  • Purchase of residential plot (land) and to construct residential building.
  • Purchase of Individual houses / Residential apartments.
  • Purchase of Bungalow / Apartment constructed by builders/ developers.
  • Refinancing of already built residential land and building.
  • Renovation, modification, extension of existing building.
  • Purchase of loan from another bank or financial institutions.

 

Features

  • Competitive Premium rate.
  • Flexible Repayment Schedule: Monthly (EMI) or quarterly (EQI) basis.
  • Fast approval process.
  • Prompt services.
  • Facility available in all branches.
  • Tenure: up to 25 years.
  • Financing up to 50% of fair market value of property within Kathmandu Valley and 60% outside Kathmandu valley.
  • Grace period up to one year
  • Counseling to help better financing by our Relationship Managers throughout the process
Proof of Income
  • Latest Salary certificate issued by employer.
  • Contract between applicant and his/her employer.
  • Photocopy of Rent Contract if any.
  • Photocopy of audited/management prepared Financial Statements.
  • Lease agreement in case of rental income.
  • Others documents if any.
  • land Ownership Certificate (Lalpurja)
  • Land Revenue Payment Receipt (Tiro Rashid of last three years)
  • Building Tax Payment Receipt of the last three years
  • Certification of Legal Heirs/ and NOC from Legal Heirs (Hakwala Pramanit )
  • Registration Deed
  • Building Drawing Certification from Local Authorities (Naksha Praman Patra)
  • Insurance of Building
  • Family Consent of Present Owner
  • Family Consent of Previous Owner
  • Blueprint of land (Napi Naksha)
  • Certification of construction from Municipality/ VDC in case of purchasing already built house
  • Four Boundary Disclosure (Char Killa Pramanit)
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.