Sunday December 17,2017

Nabil Share Loan

The stock market is considered as one of the vital part of the capital markets in the economy and to facilitate the same, Nabil Share Loan (NSL) shall be provided to our valued customer against pledge of dematerialized shares in bank's favor. The loan processes are simplified and includes below mentioned features:

Features of Nabil Share Loan

  • Attractive & competitive interest rate
  • Loan size up to NPR 200 million
  • Annually renewable
  • Personal counseling throughout the process
  • Quick approval and transparent loan processing
  • Loan processing from wide range of branch networks

Terms & Conditions

  • Financing shall be restricted to 50% of the value of the securities.
  • Valuation of shares to be pledged as security is to be done on the basis of average closing price of last 180 days or prevailing minimum market price whichever is lower. This shall be guided by the provision laid down by Nepal Rastra Bank (NRB)
  • Interest to be served on a quarterly basis whereas principal to be serviced on an annual basis if not renewed at maturity/expiry.
  • Declared income must be adequate to repay the interest obligation of the loan.

Frequently Asked Questions (FAQs)

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Fees & Charges

Particulars Charges

Loan Administration Fee and renewal

0.50% of the loan amount

Commitment Fee

1% of the unutilized limit

Prepayment Fee

NA

Share Release Charge

NPR 500 per company

Penal Charge

2% of the outstanding amount after the expiry of the facility

CIC Charge

On Actual Basis

Late Payment Fee

NPR 500 each in case of principal and/or interest default

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