Sajilo Uddhyami Karja (SUK)

Sajilo Uddhyami Karja (SUK) loan product is designed to finance individual entrepreneurs engaged in small-scale business or agriculture-related activities and is structured to meet genuine productive financing needs. Purpose of financing is Business operation, expansion, agriculture, or other productive activities.

Target Customer

Individual entrepreneurs (formal/informal), agriculture-based operators.

• Nature of loan: Term/OD.
• Maximum loan limit of NPR 2.5 million.
• Maximum Tenure: Term Loan up to 20 years, OD Loan maximum up 1 year (subject to renewal).
• EMI or EQI (up to 20 years) for Term Loan.
• Monthly/Quarterly interest for Overdraft, Principal at the time of maturity of loan.
• Maximum up to 50% of Fair Market Value (FMV) of collateral security proposed to be mortgaged in Bank’s favor.

• 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.