Shangri-la Hire Purchase Loan
Shangri-la Hire Purchase Loan (HP Loan) is a loan facility for the customers who are looking to purchase Commercial Vehicles or Heavy Equipment for the purpose of commercial use.
Apply Now arrow_right_altFinance and tenure
Upto
3.99 % financing
Tenure Upto
5 years
Loan Limit & Tenure
- Maximum Limit upto NRs. 100,000,000.00 (Nepalese Rupees One Hundred Million only)
- Minimum Limit NRs. 500,000.00 (Nepalese Rupees Five Hundred Thousand Only)
- Up to 5 Years based on the requirement of customers
Repayment
- Equal Monthly Installment (EMI) or Equal Quarterly Installment (EQI).
Eligibility
- Employed professionals
- Firm/Company
Documentation Required
- Complete loan application form of the bank.
For Individual
- Map of the applicant's residence/location
- Details of the guarantors
- Copy of citizenship of applicant and the guarantors
- Income source documents
- Other related document as per requirement
- Documents conforming the utilization for Mortgage loan
For Firm/Company
- Copy of PAN & Registration certificate of Firm/Partnership/Company
- Latest Tax Clearance certificate or Tax paid receipt
- Share Lagat (For company)
- Copy of Memorandum of Association & Article of Association
- Documents relating to proprietor/partner/shareholders & guarantors
And other related legal/official documents as per the requirement of NRB.
*Condition applied
Everything you will need to get Shangri-la Hire Purchase Loan
Ready to open Shangri-la Hire Purchase Loan
The Process
-
Apply online
Check that you’re eligible and what you need, then apply online. -
Upload your documents
Check that you’re eligible and what you need, then apply online. -
Wait for approval
Check that you’re eligible and what you need, then apply online. -
Contact you nearest branch for further process
FAQ
Shangri-la Hire Purchase Loan explained
Find the answers to frequently asked questions here.
SDBL is a dream project of few innovative and motivated entrepreneurial minds rather than being just another bank in the crowd of financial institutions. Promoted by respected professionals, bankers, chartered accountants, doctors, engineers, businessmen, entrepreneurs, social workers, and other renowned personality of other fields with very good integrity and social standings.