Sajilo Laghu Karja

Purpose

To fulfill financing requirement of customer against mortgage of real estate collateral
Purchase of land, Land & building and construction of house
Renovation and extension of existing house
Equity financing to meet social/Personal financial requirement etc.

Eligibility

Locate Branch EMI Calculator

Features

Maximum loan limit of NPR 2.5 million.
Maximum Tenure: up to 30 years.
Nature of loan: Term/OD.
Repayment shall be made on EMI basis for Term loans.
In case of overdraft facility: Monthly/Quarterly interest
30% of Fair market value (FMV) for collateral inside Kathmandu Valley and 40% of FMV for collateral outside Kathmandu valley

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.