Target Segment:

•  Individual Nepali Citizen / Entity.

Purpose:

•  To fulfill the various needs of Individual / Entity.

Loan Limit:

•  Upto 90% of the FIxed Deposit Amount maintained with this Bank of Respective Branch Only.
•  Incase of Inter Branch FD Loan approval from Corporate Loan Department is compulsory.

Loan Tenure:

•  Shall not exceed the  Maturity Period of Fixed Deposit.  

Interest Rate:

•  It shall be the published rate by Bank from time to time.

Documents Required:

•  Application form with photo/Company Seal from Applicant/ Co -applicants/ Authorized Person of Entity.
•  Citizenship Certificate of Applicant/Co-Applicant.
•  Fixed Deposit Receipt.
•  Minutes in case of Entities for taking Loan and Delegation of Authority for Loan.
•  Any other documents to justify the loan that may be decided by the management from time to time or as may be required by regulatory requirement.