It is dream of anyone to have their own home from earning from their hard work. But to make such dream come true with limited money is a tough task. If you are facing the same challenge, do come to us and we will support you conquer your dream. For this, Nepal Bank Limited offers variety of home loan with most competitive interest rate and flexible features for construction, extension and renovation of house, purchase of house and purchase of land only.
Types of Home Loan | Purpose | Loan Amount | Loan Terms | Financing Term |
---|---|---|---|---|
Home Loan | Construction of house | Rs. 5 Lakh and above | Up to 20 years | Based on cost estimation of building |
Purchase of house | Up to 20 years | Up to 70% of estimated value of land and building. | ||
Renovation/Extension of building | Up to 10 years | Based on cost estimation of renovation | ||
Nepa Laxmi Home Loan | Construction of house | Rs. 5 Lakh and above | Up to 15 Years | Upto 60% of FMV of land and building based on estimated cost of building. |
Purchase of house | Up to 15 Years | Up to 70% of FMV of land and building. | ||
Renovation/Extension of building | Up to 10 years | Upto 60% of FMV of land and building based on estimated cost. | ||
Professional home Loan | Construction of building | Rs. 4 Lakh and above | Up to 20 Years | Upto 60% of FMV of land and building based on estimated cost of building. |
Purchase of house | Up to 70% of estimated value of land and building`` | |||
Sulav Awas Karza | Construction of house | Rs. 5 Lakh and above | Up to 20 Years | Up to 100% of cost estimation of building. |
Purchase of house | Up to 20 Years | Up to 70% of estimated value of land and building | ||
Renovation/Extension of building | Upto 10 years | Up to 100% of cost estimated cost | ||
Swap of Home loan of other banks and financial institutions
|
Up to outstanding amount for remaining period |
Eligibility
Documents Required:
1. Identification Related
2. Collateral Related
3. Income Related