Home Loan for Individuals
DPNBL reaches out to fast, friendly and most convenient home loan for construction or purchase of house / flat. Purchase of house / flat on First Power of Attorney basis from the original allottee.
Carrying out repairs / renovations /additions/alterations to existing house / flat.
Extent of Loan
For Construction / purchase of house / flat / Carrying out repairs / renovations /additions/alterations: 80 % of the cost of construction of house or purchase of house / flat and 80 % of the estimate cost of renovation / repairs / additions/alterations.
Maximum amount of Loan under the scheme is Nu.10.00 Mn
Housing Loan for commercial Purpose.
Extent of Loan
|Purpose||Up to Nu.50 Mn||Nu.50 Mn and above|
|For construction / Purchase||70 % of estimate cost of construction||60 % of estimate cost of construction|
|For repairs / renovations /additions/alterations to existing building||70 % of estimate cost of repairs / renovations /additions/ alterations.||60 % of estimate cost of repairs / renovations /additions/ alterations.|
Interest Rate for Home loan / Commercial Housing Loan.
|1||Home Loan||8.00 %||8.50 %||9.00 %|
|2||Commercial Housing Loan||9.50 %||9.75 %||10.75 %|
Security for Home loan / Commercial Housing Loan
Mortgage of property for which finance is being given.
Repayment for Home loan / Commercial Housing Loan
Loan is to be repaid in equated monthly instalments within a period of 20 years.
Disbursement for Home Loan / Commercial Housing Loan.
For outright purchase of house/ flat, the loan amount will be paid in lump sum to the vendor along with the margin contribution of the borrower. For house/ flat under construction, the loan amount will be disbursed in stages as per progress of construction.
Pre-payment charges for Home loan / Commercial Housing Loan
For more details and other formalities contact nearest branch head.