NMB Bank

NMB Bank offers affordable and flexible Home Loans  for purchase, construction, extension and renovation of your dream home. Our home loan schemes are tailored to suit both salaried and self-employed individuals.

 

For more information:
Please give us a Missed Call at: 9801717666
Toll Free: 16600125252

Typeas of Property Funded

  • Purchase of land and building
  • Construction of residential building
  • Home Extension and Renovation
  • Plot purchase

Loan Limit: Upto 5 crore

Loan Tenure: Upto 35 years

Loan To Value Ratio

Inside/Outside Valley LTV Ratio
Inside Kathmandu valley Upto 50% of FMV
Outside Kathmandu valley Upto 60% of FMV
  • Upto 80% of construction cost in case of home construction
Age 25-60 years
Profession
  • Salaried individuals 
  • Remittance Income Holder
  • Self employed professionals
  • Businessmen
Nationality Nepali
Gender All gender
 

Documents required for Home Loan

Along with the Home Loan application you will need to provide the following documents required for processing Home Loan.

  1. Identification Documentation
    • Photograph and copy of citizenship of the applicant/sponsor/guarantor.
    • Net worth statement of applicant/guarantor/sponsor.
    • Map of the applicants’/sponsor’s/guarantor’s residence.
    • Copy of title deed of other property owned by borrower and his/her one house family members/ guarantors as declared in net-worth statement.
    • Copy of Individual PAN certificate (where applicable)
  2. Income related documents
  • For salaried individuals
    • Salary certificate from the employed organization/company (not older than 3 months).
    • Latest two salary slips (if any).
    • Bank Statement, as applicable.
  • For self-employed professionals
    • Certificate of registered professional.
    • Detail of income source/ profession.
    • Proof of last 3 years of continuous practice (if any).
    • Bank Statement, as applicable.
  • For business person
    • Latest audited financial statement as per prevailing Company/Tax Act of Nepal.
    • Bank Statement, as applicable.
    • Certificate of Incorporation (in case of organization)
    • Valid Firm/Company registration certificate.
    • MOA/AOA, Share Lagat, partnership deed (as applicable)
    • Recent tax paid receipt.
  • For other sources
    • Latest lease payment receipt or agreements, title deed of property. Future rental income will not be considered.
    • Other rental income details. If the asset generating rental income is under loan from other financial institution, the Bank must take into consideration the residual income from such asset.
    • Pension slip, interest received statement etc.
    • Bank Statement, as applicable.
    • Other verifiable income.
  • Collateral related documents
    • Land ownership certificate
    • Blue print / trace map
    • Four wall boundary
    • Building construction permission certificate from competent authority, construction completion certificate ( as applicable )
    • Collateral transfer deed (for recently purchased property)
    • latest revenue receipt of land or land or/and building offered as collateral

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