Auto Loan is extended to purchase new as well as used vehicle for Private and Commercial use. The Loan is…
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| Eligibility | Proprietorship/Partnership/Pvt. Ltd. run by Nepalese citizen. At least 2 years of successful track record in similar business. |
| Loan Amount | NPR 0.5 Mn to NPR 5 Mn 70% of NCA or capital expenditure Term loan up to 50% or revolving loan up to 100% of maximum limit of NPR 5Mn |
| Types of Loan | Both Funded & Non-Funded (Bank Guarantee) |
| Loan Tenure | 1 to 5 years for Term Loan. |
| Documents required | Individual, firm and security related documents |
| Interest rate** | Minimum 11.00% |
Note ** The interest rate varies depending upon risk, tenure and types of security for the loan (the rate may be changed with or without notification in this site).
Personal Business Loan
| Eligibility | Nepalese citizen at least 21 years old. At least 1 year of business establishment. |
| Loan Amount | NPR 0.3 Mn to NPR 1.5Mn 60% of net financing requirement. |
| Types of Loan | Only Funded. Term Loan payable on EMI/EQI basis |
| Loan Tenure | Max 10 years |
| Documents required | Individual & security related documents. Firm related documents preferred. |
| Interest rate** | Minimum 12.00% |
Note ** The interest rate varies depending upon risk, tenure and types of security for the loan (the rate may be changed with or without notification in this site).
