This Real State Loan is designed for the
financing of purchase of land and development of land towards land plotting for
individuals and/or firms having identifiable income sources.
Major highlights:
| Loan Limit | The minimum loan amount is NPR
1 Million and maximum is up to single obligor limit. |
| Loan
Tenure | The tenure of the
overdraft loan shall be one year from the date of disbursement. Overdraft loan
may be renewed and the decision of the renewal is up to the loan approving
authority. |
| Repayment | Interest can be paid either
on monthly or quarterly basis in case of overdraft nature loans and in case of
fixed term loans principal and interest can paid on EMI basis or lump sum. |
| Financing | In case of Real Estate Property held as
security, Maximum loan amount shall not exceed:
|
| Eligibility | This loan may be granted to individual clients involved in purchase of real estate property or registered firms involved in real estate business like plotting of land and other uses. Term loan may be provided to individuals engaged in real estate business. |
| Basic
Document | The applicant should provide at least the
following documents before initiation of the credit proposal.
|
Fd Rates
Product Comparison
Fixed Deposits
9.00%
Less Than 2 Cr
Individual Deposit (2 Yrs < 30 Mth)9.00%
Less Than 2 Cr
Individual Deposit (2 Yrs < 30 Mth) More Rates Open Fixed Deposite