Target Customers:
Nepali citizens below 65 years of age who are eligible to obtain a home loan for the construction of a residential house on a plot of land located within the institution’s designated operational area.

Loan Eligibility Criteria:

• A valid house construction permit must be obtained from the appropriate regulatory authority.
• Construction must have progressed at least up to the Plinth Level ( DPC).
• The house to be constructed, extended, or renovated must be accessible via a road with a minimum width of 10 feet.

Loan Amount, Tenure, and Type:

• Financing is available for up to 70% of the total cost of construction, extension, or renovation, based on a cost estimate prepared by an engineer registered with the Nepal Engineering Council.
• Loan tenure options:
• Up to 5, 10, or 15 years for house construction.
• Up to 3 years for house renovation.
• The home loan will be non-revolving in nature.