Get Home loan of up to Rs.5,000,000.00 at attractive rates starting at 8.19% p.a. with flexible tenures of up to 15 years. The processing fee varies between 0% and 1% of the loan amount.

Nepal Bank Limited Loan Details

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Nepal Bank Limited

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Interest Rate

+ up to 3.66% p.a. over base rate

Loan Tenure

Up to 15 years

Loan Amount

Up to Rs.5,000,000.00

Processing Fee

0% - 1% of the loan amount

Nepal Bank Limited

+ up to 3.66% p.a. over base rate
Interest Rate
Up to 15 years
Loan Tenure

Up to Rs.5000000

Nepal Bank Limited (first bank of Nepal) provides home loan to customers to fulfill their dream of owning a home. NBL provides home loan at competitive interest rate and for a specific period of time.

Eligibility Criteria

  • The loan is provided to any individuals who have regular and stable source of income. This loan can be given to any salaried and self-employed individuals.
  • The loan will be provided to Nepalese Citizens only.
  • Any house/land, which does not lie in municipal area, will not be financed. How- ever, urban VDC can also be considered with proper justification.
  • The land and/or house to be constructed / purchased / renovated / extended / modified should have motorable road (8 feet wide in minimum) access. Such road should be clearly seen in the blue print or be verified by concerned authority (for e.g. ward office).
  • All borrowers and guarantor should not be enlisted in Black List of Nepal Rastra Bank.
  • Work experience is needed for salaried and self-employed individuals.
  • In case of business income, financial statement of the company should be audited.
  • The borrower must be at least 21years and should not exceed 60 years at the time of maturity. The retirement age must be more than the tenure of the loan.
  • The borrower must be at least 21years and should not exceed 65 years at the time of maturity for Sulav Aawas Karja.
  • The borrower must have PAN for loan above 50 Lakhs.

Documents

  • 2 Passport size photo of applicant / co-applicant
  • Photocopy of Citizenship Certificate / Passport (Applicant & guarantor)
  • Original Salary Certificate (salaried)
  • Photocopy of Financial Statements (Past 3 years) (self-employed)

Fees & Charges

  • Prepayment Fee :0.15% prepayment charge on prepaid amount.
  • Processing Fee:0.75% of the financed amount shall be charged upfront at the time of submission of loan application and fee shall be refunded if the loan is not approved.

Nepal Bank Limited provides home loan for :

• Purchase of Building.

• Construction, renovation, modification, extension of existing building.

Others

  • Original Quotation of vehicle and from the body builder if body needs to be built up.
  • Photocopy of Rent Contract if any
  • Original Bank Statement (Past 6 months)
  • Original letter stating coheir (Anshiyar) of seller from local authority (ward)
  • Original quotation of housing company
  • Photocopy of Blue Print of the land (Napi Naksha)
  • Photocopy of Certificate of construction from Municipality/VDC in case of purchasing already built house (Nirman Sampanna Pramanpatra)
  • Original Private Sale Agreement in case of Private Sales
  • Photocopy of Memorandum and Articles of Association (self-empoyed)
  • Photocopy of Detailed break down of cost estimation from the applicant’s consultant
  • Photocopy of Land ownership certificate (Lalpurja)
  • Photocopy of Latest land revenue receipt (Malpot Receipt)
  • Photocopy of Blue Print of building approved from Municipality/VDC (Naksha Pass)
  • Photocopy of Land Transfer Deed (Rajinama)
  • Original Four Boundary Disclosure (Char Killa Pramanit)
  • Approval letter of municipality for construction of house (Ghar Nirman Izazat Patra)
  • Approval letter of municipality for extension and renovation/modification (if needed) of house
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.