Loans and Advances

·          Loan against Fixed deposit

·          Communications, advertising and entertainment sector loans

·          Auction financing loans

·          Overdraft loans

Personal Loan

·          Amount                   :               Maximum Rs. 10 lacs

·          Period                      :               1 – 3 years

·          Interest Rate            :               13%

·          Repayment              :               Flexible upon mutual agreement

Loans Provided Against

·          Shares of other institutions

·          Government Bonds

·          Foreign currency deposits

·          Other securities

The interest rate varies between 10 – 13 % depending on the type and duration of the loanHome loans

Purchase, construction and repair of land or buildings.

·          This loan is extended only where transportation facility is available.

·          Amount                   :               Maximum Rs. 50 lacs

·          Period                      :               5 – 10 years

·          Interest rate             :               12 – 13%

·          Repayment              :               EMI (Equal Monthly installment) or as mutually agreed

Vehicle Loan

Commercial or personal

·          Amount                   :               Maximum Rs. 20 lacs

·          Period                      :               7 years

·          Financing                 :               50 – 70 % of vehicle value

·          Interest rate             :               12 -13%

·          Repayment              :               EMI or as mutually agreed

Education loan

Domestic or overseas

·          Amount                   :               Max. Rs. 15 lacs for Nepal

Max. Rs. 25 lacs for overseas study

·          Period                      :               5 – 7 years

·          Interest rate             :               12%

·          Repayment              :               EMI with a grace period of 1 year or as mutually agreed.

Foreign employment Loan

·          Amount                   :               Rs. 5 lacs

·          Period                      :               2 – 4 years

·          Interest rate             :               13%

·          Repayment              :               Flexible with a maximum grace period of 3 months

Loans and Advances

·          Consortium loan      :               Negotiable

·          Industry loan            :               11 -12 % ( fixed capital / working capital)

·          Contractor loan

·          Priority and deprived sector loan

·          Agriculture loan       :               11%

·          Tourism, health, hydropower and mining sector loans.