Mortgage Term Loan

Mortgage Loan In order to meet the personal financing needs, all you have to mortgage your personal fixed assets property (land/land & building) to bank. It is easy, simple and hassle free with quick turnaround time. A) Mortgage Term Loan Eligibility • Loan against mortgage of fixed asset with acceptable commercial value. • Salaried or self- employed Nepalese citizens with reliable source of income. • Entrepreneurs Purpose • For the purchase of consumer durable, medical treatment, marriage ceremony, starting new business and to finance personal expenses, etc. Nature of Facility • Repayment on EMI basis. Tenure • For the period of maximum of 8 years. Margin • Facility may be availed upto 60% of distress value of collateral in general. Charges • Processing Fee/ Prepayment Charges: 1% of loan amount. • Interest Rate: .Refer Rate of Interest Published B) Mortgage Overdraft Loan Purpose • For the purchase of consumer durable, medical treatment, marriage ceremony, starting new business and to finance personal expenses, etc. Nature of Facility • Revolving in nature. You will have flexibility in fund withdrawal and repayment at your convenience. Eligibility • Loan against mortgage of fixed asset with acceptable commercial value. • Salaried or self- employed Nepalese citizens with reliable source of income. • Entrepreneurs • Fixed Income Group( Having rental/pensions/property etc)

Margin • Facility may be availed up to 60% of distress value of collateral in general Charges • Processing Fee: 1% of loan amount. • Interest Rate: Refer Rate of Interest Published Documents Required • Identification document like Citizenship, Passport • Photographs • Documents certifying current salary (for employee) • Certified Income Statement • Paper of Agreements/contracts (for Fixed Income Groups) • Copy of land ownership certificate, blue print of land, latest land revenue receipt