Sajilo Laghu Karja

Sajilo Laghu Karja has been categorized on two different segments:

• Nyuna Lagat AawasKarja Loan (up to NPR 0.4 Million)
• Sajilo Laghu Karja  (up to 1.5 Million)

Propose

• To fulfill the financing requirement of a customer against mortgages of real-estate collateral.
• Purchase of land and buildings and construction of house.
• Renovation and extension of existing house.
• Equity financing to meet a financial requirement of a client, etc.
• To fulfill a financing requirement to purchase land & building or construction of building as qualified under deprived sector lending for low-cost housing as per NRB directives

• Up-to 60% of property value (Depend upon location and nature of loan).
• Maximum Tenure: up to 20 years.
• Nature of loan: Term/OD

• Passport size photo of applicants / guarantor.
• Copy of citizenship document of borrowers / guarantor.
• Nature of loan: Term/OD.
• Copy of Land ownership document (lal purja).
• Copy of Transfer deed (Rajinama) if cooling period is not complete.
• Blue Print of Land.
• Building construction approval from Municipality / VDC along with drawing plans (applicable where building is involved).
• However, drawing of building is not mandatory for Loan size up to 0.4 million.
• Char Killa (four boundary).
• Land revenue Tax Receipt (malpot receipt).
• Income certifying document (Salary letter, Audited balance sheet, rental agreement etc).
• Minimum Age of 18 years completed. Maximum age 70 years at the time of maturity.
• Building completion certificate from Municipality/VDC in case of readymade house purchase and loan against property.
• Income may be self-declared by borrower and/or certified by concerned authority.