Get Home loan of up to Rs.10,000,000.00 at attractive rates starting at 10.72% p.a. with flexible tenures of up to 15 years. The processing fee varies between 1% and 2% of the loan amount.

Shangri-la Development Bank Loan Details

title

Shangri-la Development Bank

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Interest Rate

+ up to 4.5% p.a. over base rate

Loan Tenure

Up to 15 years

Loan Amount

Up to Rs.10,000,000.00

Processing Fee

1% - 2% of the loan amount

Shangri-la Development Bank

+ up to 4.5% p.a. over base rate
Interest Rate
Up to 15 years
Loan Tenure

Up to Rs.10000000

Shangri-la development bank home loan is the product targeted for the individual who would like to purchase land,land and building renovation of the existing building and for construction of building for residential purpose.

Eligibility Criteria

  • Nepalese citizen who is above the age of 18 years with sound mind.
  • Not blacklisted in Credit information Bureau of Nepal.
  • In case of age above 60 years,family member of the borrower should provide guarantee.
  • Regular and suficient source of income for repyament of installements.

Documents

  • Passport size photograph of applicant and guarantor.
  • Photocopy of Citizenship of Applicant / Guarantor
  • Copy of land/building ownership/document. (lal purja)
  • Copy of Transfer deed ( Ranjinama)

Product available for

Purchase of land and building.
Construction of a new building.
Renovation of building
Expansion of the building.
Reimbursement against recently constructed or purchase building
For repayment of the housing loan of other BFIs.
  • Approved blue print and trace map of Land.
  • Approved drawing plans and building construction permission letter from municipality /VDC in case of land and building.
  • Cost estimation duly prepared by qualified civil Engineer.
  • Latest Land revenue Tax Receipt.
  • Firm/Compan registration and PAN in case of Income from Business source.

 

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.