NIC ASIA Claims Secured by Personal Residential Properties

NIC ASIA ATHOT Ghar Karja is a new loan product of the Bank designed to cater acquiring or developing personal residential property.

• Minimum: NPR 2.5 million
• Maximum: Up to NPR 80 Mio not exceeding Group Limit Exposure of NPR 120 Mio

• Minimum tenor of 5 years.
• Maximum 25 years including moratorium period.

• Average Base Rate + 1.81% Premium*
• *Interest rate shall be as published by the Bank from time to time

• Up to 60% of Fair Market Value as per Bank’s valuation Guideline or equivalent to Thaili amount (in case of non-elapse of cooling off period) whichever is lower. 
• In case of “First Home Buyer” customers availing loan up to NPR 20 million: Up to 70% of Fair Market Value as per Bank’s valuation Guideline or equivalent to Thaili amount (in case of non-elapse of cooling off period) whichever is lower

• Minimum 21 years
• Maximum 70 years (at the time of maturity of loan)

• Equated Monthly Installment (EMI) should not exceed 50% of Monthly Gross Income after deducting other loan obligations.
• In case of ‘First Home Buyer’ customers availing loan up to NPR 20 million EMI should not exceed 60% of Monthly Gross Income after deducting other loan obligations.

• Payment of installment (EMI) on Monthly basis

• As per Bank charges ( Click Here).

NIC ASIA ATHOT Ghar Karja OD is an overdraft facility with minimum loan amount of NPR 0.4 million to maximum up to NPR 5 million which will provide flexibility for withdrawal of funds and helps the customers to meet personal requirement of funds for various purposes. 

• Tenure: 1 Year revolving.