Empowering Women Through Homeownership

Purpose	Loan Amount	Loan Tenure	Financing Terms
Land & Building Purchase	Up to NPR 50 million	Up to 35 Years	Lower of 60% of FMV or 80% of Distress Value of the Property
Construction	Up to NPR 50 million	Up to 35 Years	Up to 100% of the construction cost**
First Home Buyer	Up to NPR 20 million	Up to 35 Years	Up to 70% of FMV*
Loan Takeover	Up to NPR 50 million	Up to 35 Years	Lower of 60% of FMV or 80% of Distress Value of the Property

*For homes constructed/purchased for personal use, not having area of more than 3,000 sq. ft.

**If the value of land is adequate, up to 100% of the construction cost can be financed

• Equated Monthly Installment (EMI) of the borrower should not exceed 60% of the borrower’s Gross Income after deducting other loan obligations.
• Disclosed income must be substantiated by the transaction volume of the bank account along with tax-paid receipts.
• In case of the existence of building or construction financing, the building to be insured against Fire, Earthquake, terrorism, etc as applicable with the Banker’s Clause for the full value.
• The property proposed for the mortgage should have at least 8 feet wide motorable access. if the property is 1 ropani or above in area then 10 feet wide motorable access is required.

Particulars	Charges
Loan Administration Fee	0.50% of the loan amount
Commitment Fee	0.15% of the unutilized limit in case of construction of building
Prepayment Fee	No Prepayment Fee
CIC Charge	On Actual Basis

All other charges as per directives issued by Nepal Rastra Bank. 

The age of the applicant/co-applicant must be female and should be minimum of 18 years at the time of loan origination and the maximum age at the time of loan maturity can be 70 years

• All individuals having a sufficient level of income to repay EMIs
• Applicant and owner of collateral must be the same person
• Salaried individual - Should be in permanent service
• Self Employed individual - Business should be at least 2 years in commercial operation
• The plot should have at least 8 feet wide road with motorable access
• The plot should be free from Guthi and/or Mohi
• The plot should be far away from high tension line
• Third-party collateral is not acceptable