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Home LoansYou are at the right place that provides you with all the information you need to make a wise decision.The question that arises in every person looking to buy a property is what type of loan will fit his /her budget.Buying a house is not only a lifetime investment but also an emotional experience.Hence we make sure that you get allthe information you need to evaluate.Nepalrealtors brings all the banks under one roof and simplifies the process of taking a home loan. BANKS Bank Of Kathmandu Documents required Citizenship certificate of the applicant Age proof Title Deed of the proposed property Recent photo Architect/Engineers/Developers certificate Diagrammatic location of the proposed property,applicants and sponsors residence Income statement Blue print of the land Payment receipt of the latest land revenue Drawing of the building to be constructed Four boundaries certificate. Key Terms Interest rate - 8%-9.5% p.a Processing fee - 1% Payment fee- 0.5% p.a if prepaid within 1 year 1%flat if prepaid after 1 year. Maximum Finance 70% of the eligible expenses. Repayment System Equated monthly installment Tenure--Maximum 15 years |
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