 Planning to buy a flat………………………..? Here it is the Apartment Loan of Rastriya Banijya Bank
Purpose:
To Purchase Residential Apartments
a. New b. Old |
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| Eligibility: |
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- Nepali Citizens above 18 years and below 65 years (till maturity of Loan)
- Company/Finance Company/Partnership/INGO (duly registered with the concerned government authority) proposing to use the apartments for residential use.
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| Applicability : |
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Apartments project where in RBB is involved in project financing
- Stupa Housing, Sinamangal
- Prestige Developers, Chandol
- Kohinoor Hill Housing, Balkumari
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| Limit for the Loan : |
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a. Up to 70% of actual net purchase price of the apartment (as verified from invoice raised by the developer)
b. Disbursement shall be on construction linked plan wherein each disbursement is linked to progress of construction. |
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| Payment : |
| Payment should be on monthly installment basis and for 5-15 years. |
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| Service Charge: |
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| 1% of total loan amount |
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| Security: |
| Apartment being purchased. |
