Sajilo Byabasaya Karja

Purpose
To establishment of business, capital expenditure, and expansion of any types of income generating small and microenterprise business activities qualified under deprived sector lending and productive sector lending as per NRB directives.

Target Customer
Small and microenterprises business units qualified under deprived sector lending and productive sector lending as per NRB’s directives.

• Nature of Loan
  • Term Loan
  • Overdraft (OD)
• Loan Limit
  • Maximum loan limit of NPR 2.5 Million
• Loan Tenure
  • Term Loan: Up to 20 years
  • OD Loan: Maximum up to 1 year
• Repayment
  • EMI or EQI (up to 20 years) for Term Loan
  • Monthly/Quarterly interest for Overdraft
  • Principal payable at the time of loan maturity
• Loan to Value (LTV)
  • Maximum up to 80% of the fair market value of real estate collateral (in the case of firm/unit having completed 2 financial years and is in profit in the last consecutive 2 years)
  • Up to 70% for other cases

• Copy of Citizenship certificate of borrower/guarantor(s)
• Photograph of the Borrower/s and Guarantor/s
• Copy of Land Ownership Registration Certificate (Lalpurja), four boundary certificate, blue print and trace map
• In case of collateral security as land and building, documents of building like construction permission, approved drawing and construction completion certificate. In case of FMV of land is sufficient to cover loan as per required LTV ratio building related document are not mandatory.
• Properly filled loan application form as prescribed by Bank.
• Land Revenue paid receipt shall be obtained prior to disbursement.
• Registration documents of business.
• Business renewed document or tax pay receipt.