प्राय: सोधिने प्रश्नहरू

Yes, with a local co-applicant.

Yes, your spouse’s income can be included provided he/she joins as Personal Guarantor.

EMI stands for Equated Monthly Instalments. This instalment comprises both principal and interest components. Your EMI would be calculated depending on the tenure you choose, to repay your loan. The EMI would be higher if you choose to repay within a shorter period as against a longer-term loan.

If possible any immediate family member can be entertain as guarantor (e.g. Spouse and sibling).  However, not mandatory unless if your income does not meet our credit criteria then you may be required to have a Guarantor. A Guarantor is the one who has contracted to be responsible for another, especially one who assumes responsibilities or debts in the event of default for your loan. However, the bank may ask for a guarantor if needed.

We finance most passenger Autos and multi-utility vehicles manufactured by leading automobile companies.

When a borrower pays off his/her loan entirely or in part before the defined due date, it is termed as  pre-pay the loan any time after availing of the loan. You just have to pay a small pre-payment fee on the outstanding loan amount accordingly to Standard Charge Card. (Provision of NRB Directive is applicable, please visit your relationship branch).

For new vehicle maximum tenure shall be six years and five years for old vehicle, however maximum tenure should not exclude ten years from the date of manufacture of vehicle at loan maturity.

There are variety of home loans on offer

• “Hybrid Features”:- Combination of Term Loan I and Term Loan II (Interest only loan) for repayment.
• Easy Repayment Schedule
• Term Loan I :- EMI
• Term Loan II :- Interest only and Principle shall be paid with option of Balloon Payment methods)
• Attractive Interest rate.
• Maximum loan under Term Loan II can be book up to 50% only of proposed total loan limit.
• Financing up to 90% of estimated cost (in case of Home Construction)
• Advance financing for construction (up to 20% of estimated cost of building).
• Land Purchase up to NPR 5 Million for Residential use.
• Cash Back feature.
• Free Medical Insurance
• For Equity Financing (In case of purchased or self-constructed).Home Loan -SWAP: balance transfer of home loans from other banks and Housing Finance Companies

You can include your spouse or other undivided family member as a co-applicant for the Loan. His / her income can be added to enhance the loan amount.

As the name implies, Floating Rate Home loans or Variable Interest rate loans refers to loans where the interest applicable on the Home loan varies with the change in the Bank’s Benchmark rates such as Base Rate.

When a borrower pays off his/her loan entirely or in part before the defined due date, it is termed as can pre-pay the loan any time after availing of the loan. You just have to pay a small pre-payment fee on the outstanding loan amount accordingly to Standard Charge Autod. (Provision of NRB Directive is applicable, please visit your relationship branch)

Purpose of Cash Back Home Loan are highlighted below.

• Land Purchase up to NPR 5 Million for residential use.
• To finance for purchase of Residential Land and Land & Building/ Apartment.
• To Extension/ Renovate/ Construction of Building.
• For Equity Financing.
• Loan Takeover/ Swapping of home loan from other BFIS.

Note: Time limitation for equity financing is up to 6 month if purchased from other and up to 6 month if constructed by borrower himself/herself.

The maximum tenure under Cash Back Home Loans is 20 years for salaried and self-employed customers, subject to age of the borrower not exceeding 70 years at loan maturity.

We have various options according to purpose of loan, please contact our nearest branch officer.

Yes. We have schemes to cater to the Home loan requirement of salaried individuals receiving their salary in cash

Yes, we takeover loans from other Banks & FIs at attractive rate of interest up to same O/S limit. We also takeover loans based on the repayment track record of the customer with simple documentation. While transferring Home Loan to us we can also extend you a loan for your personal needs accordingly.

• Residential Land & Building and Building Construction for loan up to 1.5 Crore
• Our financing shall be up to 60% of Fair Market Value as assessed by the Bank’s valuator in case of property located outside Kathmandu valley and in case of property within Kathmandu Valley, it is to be restricted up to 50% of FMV.
• For construction if the value of land is adequate enough, we can also finance up to 90% of the construction cost with maintaining overall financing with above specified Loan-to-value (LTV).
• Advance financing for construction (up to 20% of estimated cost of building). However, overall financing shall be with in directive of NRB
• Residential land purchase and Housing loan greater than NPR 1.5 Crore
• Our financing shall be up to 40% of Fair Market Value as assessed by the Bank’s valuator in case of property inside Kathmandu valley and in case of property located outside Kathmandu valley, it is to be restricted up to 50% of FMV

Note: – However, financing shall be in line with latest NRB circular/Directives.

Interest rates are offered basis profile of the customer. MNBBL interest rates are among the BEST IN THE INDUSTRY, starting at Base rate (please contact our nearest branch for more details).

Loan eligibility for individual customers will depend on MNBBL credit policy. Loans are available as per requirement please contact our nearest branch office.

Loan repayment can be done immediately after availed, and repayment charge is applicable as per latest Standard Charge Card, please contact out nearest branch office.

KYC (multi-banking, net worth’s and family tree, Income Documents, security/collateral related, are mandatory for applying a Personal Loan. Additional documents may be requested from case to case basis.

Part payment or pre-payment of Loan is allowed with applicable charges.

MNBBL will confirm its appraisal decision within 5 days from the date of receipt of application and other full set of documents and other documentation is complete as per MNBBL Policy norms.

Yes, we do offer loans against existing properties owned by customers or those jointly owned by customers and their immediate family members.

Some of the variants which we offer against properties are:

• Loans against Residential / Commercial / Industrial property as a pure term loan or as an Overdraft facility with clear purpose.
• Loan for purchase of a Commercial Property.
• What is an overdraft limit?
• An Overdraft is a fund based credit limit sanctioned to the customer for his usage which can be easily utilized as and when necessary.

The interest to be paid by the customer is calculated only on the amount withdrawn/utilized and for the time period it is withdrawn/utilized till the time the same is repaid. The interest is calculated on a daily reducing balance and charged on a monthly basis.

Our loan tenure range from 12 months up-to 180 months subject to fulfilment of our banks internal policy and credit criteria on regarding.

Loan Against Shares (LAS) is Loan Against Marketable Securities in which the customer pledges his investment in favor of lender and borrows funds to meet his financial and personal requirement without selling his investment but purpose must be clear.

Based on requirement of borrower, please contact our nearest branch office.

You can repay the loan at any point of time during the loan tenure by repaying the due interest and the principal loan amount through Cash/Cheque and for prepayment latest Standard Charge Autod is applicable.

If possible any immediate family member can be entertain as guarantor (e.g. Spouse and sibling).  However, not mandatory unless if your income does not meet our credit criteria then you may be required to have a Guarantor. A Guarantor is the one who has contracted to be responsible for another, especially one who assumes responsibilities or debts in the event of default for your loan. However, the bank may ask for a guarantor if needed.

Yes. You need to open a saving/current/overdraft account, in which a credit limit will be set.

Only those share which are listed in NEPSE and as per MNBBL Internal Qualified share list, for more details please contact nearest branch.

Gold loan is disbursed within one day. This is, however, subject to the loan amount, assessment of the gold jewellery and documents that you submit.

You can avail Gold Loan if you are an individual

Please contact nearest branch. Approvals are at the sole discretion of the bank.

All you need is to bring to your gold to Gold Loan branch. Based on your requirement & eligibility you can choose from the various product variants.

There are multiple repayment options offered. Servicing of the interest Or Interest with Principle can also be opted for.

MNBBL Gold Loan comes to you at attractive & competitive interest rates.

Gold Loan is available for tenure one year.

Long Term Loan

For higher study of applicant, children, and sibling. For more details please contact our nearest branch.

• Individuals in the age group of 18 to 40 years.
• Individuals must have completed 10+2 exam
• Income source must be clear/ disclose with supporting documents

• Maximum limit is 70% of total cost of program or NPR 50 Lakhs whichever is lower for program outside the SAARC countries.
• Maximum limit is 70% of total cost of program or NPR 40 Lakhs whichever is lower for program inside the SAARC countries.

MNBBL Education Loan comes to you at attractive & competitive interest rates.

Education Loan is available for tenure eight year.