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.