NMB Bank offers affordable and flexible Home Loans for purchase, construction, extension and renovation of your dream home. Our home loan schemes are tailored to suit both salaried and self-employed individuals.
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Age | 25-65 years |
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Profession |
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Nationality | Nepali |
Gender | All gender |
Title of the property must be in the name of the borrower or his/her spouse/parents/children. |
Along with the Home Loan application you will need to provide the following documents required for processing Home Loan.
A. Identification Documentation
B. Income related documents
• Salary certificate from the employed organization/company (Not older than 3 months).
• Bank Statement for minimum 6 months, as applicable.
• Latest two salary slips (if any).
• Tax paid documents
• Certificate of registered professional.
• Detail of income source/ profession.
• Proof of last 3 years of continuous practice (if any).
• Bank Statement for minimum 6 months, as applicable.
• Tax Paid documents
• Latest audited financial statement as per prevailing Company/Tax Act of Nepal.
• Bank Statement for minimum 6 months, as applicable.
• Certificate of Incorporation (in case of organization)
• Valid Firm/Company registration certificate.
• MOA/AOA, Share Lagat, partnership deed (as applicable)
• Recent tax paid receipt documents
• Latest lease payment receipt or agreements, title deed of property. Future rental income will not be considered.
• Other rental income details. If the asset generating rental income is under loan from other financial institution, the Bank must take into consideration the residual income from such asset.
• Pension slip, interest received statement etc.
• Bank Statement for minimum 6 months, as applicable.
• Other verifiable income.
• Tax paid documents
C. Collateral related documents
• Land ownership certificate
• Blueprint/Cadastral Map / trace map
• Four boundary certificate (Char Killa)
• Land Classification Document
• Naksaa Pass, Building construction permission certificate from competent authority, construction completion certificate ( as applicable ) (in case of building available)
• Collateral transfer deed (for recently purchased property) (rajinama)
• latest revenue receipt of land or land or/and building offered as collateral
Note: Other documents as per Bank laid down procedures, as applicable.
Types of Property Funded
Loan Limit: Upto 5 crore
Loan Tenure: Upto 35 years
Loan To Value Ratio
Inside/Outside Valley | LTV Ratio |
Inside Kathmandu valley | Upto 50% of FMV |
Outside Kathmandu valley | Upto 60% of FMV |