A mortgage loan in Nepal allows you to borrow against an existing property you own, unlike a home loan which finances a new purchase or construction. Banks calculate your eligible loan amount based on the property's current valuation and generally lend up to 50 to 60% of the assessed value. Interest rates are floating by default and change each Nepali month as banks revise their rate sheets. The table below shows the current mortgage rates from all licensed banks and financial institutions for the year 2082.
| S.N. | Bank Name | Product | Interest Rate |
|---|---|---|---|
| 1 | Everest Bank Ltd. | Mortgage Loan | 5.65% - 7.65% |
| 2 | Nabil Bank | Mortgage Loan | 5.76% - 8.01% |
| 3 | Nepal SBI Bank | Mortgage Loan | 6.05% - 8.05% |
| 4 | Machhapuchhre Bank Limited | Mortgage Loan | 6.25% - 8.25% |
| 5 | Laxmi Sunrise Bank | Mortgage Loan | 6.37% - 8.37% |
| 6 | Sanima Bank | Mortgage Loan | 6.73% - 8.73% |
| 7 | Global IME Bank | Mortgage Loan | 7.01% - 9.01% |
| 8 | Rastriya Banijya Bank | Mortgage Loan | 7.05% - 7.3% |
| 9 | Prabhu Bank | Mortgage Loan | 7.24% - 9.24% |
| 10 | NMB Bank | Mortgage Loan | 7.31% - 9.31% |
