Business Loan
Facilities
Business Loan facilitates small and big enterprises (formally registered with concerned government authorized body) to start or grow their business. This loan product is also expected to help create employment opportunities, create access to finance for people engaged in business, as we believe enterprise of today will graduate into relatively bigger business entities tomorrow.
EDBL finances viable business or products which are already in the market or for new setup of business coming up with new opportunities for market expansion and growth. The business types can be:
- Micro enterprises
- Retailer
- Wholesaler
- Dealer
- Industry
- Service sector and others.
Agriculture Loan
Facilities
Agriculture Loan aims to facilitate the people involved in agriculture sector. It targets individual farmer or agricultural entities engaged in activities such as livestock farming, fish farming, plantation, cow farming etc.
Loan can be availed both for working capital and capital expenditure such as agriculture tools, tractors etc.
Home Loan
Facilities
Home Loan is available for the following purposes as per the need of the customer :-
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- For land purchase and construction of house.
- For land and building purchase.
- For building construction on already owned land.
- For renovation of building.
- For reimbursement of already built house.
- To swap loan from other banks and financial institutions.
Requirements
Personal Identification
- Two sets of photographs
- Citizenship documentation and/or passport
- Relationship certificate/Marriage certificate if relevant
- Bank account statements, including deposit and loan accounts, for at least six months
- Business registration certificate, if relevant
- PAN/VAT certificate, if relevant
- Articles of Association (AOA) and
- Memorandum of Association (MOA), if relevant
- Partnership agreement, if relevant
- Personal PAN certificate for loan amounts exceeding NPR 5 million
- Location map for both residence and office.
Collateral
- Lalpurja/Bhumi Swamitwa Pramanpatra
- Rajinama wa Bakaspatra wa Ansha-banda Pramanpatra
- Malpot Karyalaya ko Rasid
- Bhawan Kar sapha pramanpatra
- Naksha ra anuwanshi naksha
- Char Killa Pramanikaran
- Swikrit Ghar Ko Naksha
- Nirman Sampanna
- Pramanpatra/Abhilekhikaran Pramanpatra
- Ghar ko thau ko Lalpurja ma ghar kayam bhaeko pramanpatra
Income Source
- Two sets of photographs
- Citizenship documentation and/or passport
- Relationship certificate, if relevant
- Marriage certificate, if relevant
- Bank account statements, including deposit and loan accounts, for at least six months
- Business registration certificate, if relevant
- PAN/VAT certificate, if relevant
- Articles of Association (AOA) and Memorandum of Association (MOA), if relevant
- Partnership agreement, if relevant
- Personal PAN certificate for loan amounts exceeding NPR 5 million
- Location map for both residence and office
Hire Purchase Loan (Private)
Facilities
Hire Purchase Loan (Private) for financing on purchase of vehicles (four wheelers) for private use.
Eligibility:
- All Nepalese individuals or business entities registered in Nepal
- Business units must be registered in PAN/VAT and other competent authorities as per prevailing laws.
- Individuals having regular sources of income.
Amount of loan:
- Institutional Use Vehicle – 70% of purchase price.
- Individual Use Vehicle – 50% of purchase price.
Hire Purchase Loan (Commercial)
Facilities
Hire Purchase Loan (Commercial) financing for purchase of vehicles for commercial use.
Eligibility:
- All Nepalese individuals or business entities registered in Nepal.
- Business units must be registered in PAN/VAT and other competent authorities as per prevailing laws.
- Individuals having regular sources of income
Amount of loan:
- Institutional Use Vehicle – 70% of purchase price.
Personal Loan
Facilities
Personal Loan (Term loan and Overdraft) is aimed to provide credit facilities to utilize on legitimate general purpose to an individual only.
Eligibility:
- He/she must be Nepalese citizen.
- Having regular source of income (income of applicant or other undivided family members).
Security requirement: up to 50% of FMV of real estate security
Amount of loan:
- Up to NPR 50 Lakhs.
Education Loan
Facilities
Education Loan is aimed to facilitate the aspiring students to pursue their education degree in graduate, post graduate level and above for the financing to individuals to meet their education cost whether it is within the country or abroad.
Eligibility:
- The intending student’s age should be between 18 to 40 years.
- The intending student should have passed +2 level from recognized board
Amount of loan:
- Up to Rs. 3.00 million for study in Neal & SAARC countries.
- Up to Rs. 5.00 million for study in other countries.
Advantageous interest rates
Realize dreams with our exclusive loans
Easy process with low costs
Margin Lending/Share Loan
Facilities
Margin Lending/Share Loan is available against shares listed at NEPSE (subject to NRB directive on margin lending)
Green Financing
Facilities
Green Financing aims to support projects that have positive impact on the environment and promote sustainable development.
Target area
Projects that reduce greenhouse gas emissions, carbon footprints, promote renewable energy, reduce waste.
Areas of investment:
- Electric Vehicle (EV): Purchase of EV for private as well as commercial use (up to 80% of purchase price).
- Water Based Energy: mini hydropower, hydropower
- Waste Water Treatment: project that reduce pollution and improve water quality.
- Solar Energy: entities based on solar panels, pump etc production, trading and installation.
- Organic fertilizer: organic fertilizer producing unit, traders etc.
- Agriculture and Forest Related: organic farming, nurseries, regenerative agriculture etc.
Gold Loan
Facilities
Gold Loan is provided to individual customers to meet their urgent financial requirement against the pledge of Gold/Silver to bank.
Currently Gold Loan is available at our three branches:
- Chandragadhi,
- Mahanandachowk and
- Dharan.
