| Maximum Loan Amount |
Rs. 5000000 |
| |
Purchase of Land /
Building
|
Renovation, modification, extension
|
Purchase a plot of land and construct a building on it
|
Construction of building on already owned land
|
Swapping home loan
|
| Minimum Loan Amount |
Rs. 400000
|
Rs. 200000
|
Rs. 400000
|
Rs. 400000
|
Rs. 400000
|
| Loan portion |
Up to 70% of Transfer deed (Rajinama) price or value estimated by valuator approved by the bank whichever is lower
|
For land: Up to 70% of transfer deed (Rajinama) price or value estimated by valuator approved by the bank whichever is lower.
For Building:
Up to 70% of cost of construction estimated by valuator approved by the bank
|
Up to 70% of cost of construction estimated by valuator approved by the bank
|
Up to 70% of cost of construction estimated by valuator approved by the bank
|
Up to 100% of remaining loan
|
| Tenure
[ Minimum years]
|
2
|
2
|
2 |
2 |
2 |
| Tenure
[ Maximum years]
|
20
|
10
|
20 |
20 |
17 |
| Interest Rates
|
Tenure (Years)
Up to 5
Up to 10
Up to 15
Up to 20
|
Interest Rate (%)
7.5
8.0
9.0
10.0
|
| Documents required: |
| Y = Required; N = Not
Required; O = Optional |
| Documents |
Self Employed |
Salaried |
| Identification |
| 2 Passport size photo of applicant / co-applicant |
Y |
Y |
| Photocopy of Citizenship Certificate / Passport (Applicant
& guarantor) |
Y |
Y |
| Photocopy of Tax/PAN/VAT certificate along with registration
certificate |
O |
O |
Proof of Income
|
| Original Salary Certificate |
N |
Y |
| Photocopy of Tax/PAN/VAT certificate |
N |
N |
| Photocopy of Tax/PAN/VAT certificate |
N |
N |
| Proof of Income |
| Original Salary Certificate not more than 10 days old |
N |
Y |
| Photocopy of Contract agreement |
N |
O |
| Photocopy of Rent Contract |
O |
O |
| Original Bank Statement (Past 3 months) |
O |
O |
| Photocopy of Financial Statements (Past 3 years) |
Y |
N |
| Others |
| Original Quotation of vehicle and from the body builder
if body needs to be built up. Fax copy of quotation mentioning applicant’s
name received from dealer is also acceptable. |
Y |
Y |
Photocopy of Pension book/ ID stating name of the pensioner,
amount and validity period
|
|
|
Photocopy of Contract agreement between applicant and
his/her employer
|
N |
O |
| Photocopy of Rent Contract if any |
Y |
Y |
| Original Bank Statement (Past 6 months) |
Y |
Y |
Photocopy of Audited Financial Statements (Past 3 years)
|
N |
N |
| Others |
Original letter stating coheir (Anshiyar) of seller from local authority
(ward)
|
Y |
Y |
Original quotation of housing company
|
Y |
Y |
Photocopy of Blue Print of the land (Napi Naksha)
|
Y |
Y |
Photocopy of Certificate of construction from Municipality/VDC in case
of purchasing already built house (Nirman Sampanna Pramanpatra)
|
Y |
Y |
Original Private Sale Agreement in case of Private Sales
|
Y |
Y |
Photocopy of Memorandum and Articles of Association
|
Y |
N |
Photocopy of Detailed break down of cost estimation from the applicant’s
consultant
|
Y |
Y |
Photocopy of Land ownership certificate (Lalpurja)
|
Y |
Y |
Photocopy of Latest land revenue receipt (Malpot Receipt)
|
Y |
Y |
Photocopy of Blue Print of building approved from Municipality/VDC (Naksha
Pass)
|
Y |
Y |
Photocopy of Land Transfer Deed (Rajinama)
|
Y |
Y |
Original Four Boundary Disclosure (Char Killa Pramanit)
|
Y |
Y |
Approval letter of municipality for construction of house (Ghar Nirman
Izazat Patra)
|
Y |
Y |
Approval letter of municipality for extension and renovation/modification
(if needed) of house
|
Y |
Y |
