Personal Loan
Our Personal Loan is designed to meet the financial needs of both salaried and self-employed individuals. The loan provides flexible financing for personal requirements, subject to income capacity, creditworthiness, and collateral availability.
Eligibility Criteria
- Salaried or self-employed individuals.
Loan Limit
Minimum: NPR 100,000
Maximum: NPR 5,000,000
Documents Required
- PP size photographs of borrower (3 copies) and guarantor (1 copy).
- Citizenship certificates of applicant and guarantor.
- Copy of registration number and PAN certificate of company/firm (if applicable).
- Board resolution in case of company.
- Copy of land/building/apartment ownership certificate (Lalpurja).
- Copy of Rajinama or other legal documents.
- Four Boundary Certificate (Char Killa).
- Blueprint map of proposed collateral land.
- Original blueprint of land (Napi Naksa) and trace map.
- Building construction approval from Municipality/VDC along with drawing plans.
- Land revenue tax receipt (Malpot).
- Audited financial statements of the last 2 years along with latest tax clearance letter.
- Income source documents (salary certificate, rent agreement, remittance receipt, etc.).
- In case of working capital financing: latest sales turnover statement (more than 12 months); in case of a new venture, projected sales turnover statement (minimum 1 year).
- At least 3 years projected financial statements.
- Documents/statements evidencing experience of the owner, guarantor, or key person.
- No Objection Letter from banks/financial institutions, as applicable.
- Net worth statement of applicant and guarantors.
- Any other documents as required by the Credit Administration Department from time to time.