Shangri-la Personal Overdraft
Revolving Loan with the tenure of 1 year on renewal basis
Apply Now arrow_right_altFinance and tenure
Upto
3.99 % financing
Tenure Upto
15 years
Loan Limit & Tenure
- Maximum Limit up to NRs. 5,000,000.00 (Nepalese Rupees 5 Million only) Under Personal Overdraft Loan
- Under Personal Term & Personal Demand Loan, limits shall be subject to collateral sufficiency & other criteria
- 1 year to 15 Years (depending on the nature of loan)
Eligibility
- Employed professionals
- Employees of Corporate Business Houses
- Self Employed Professionals/Business persons
- Other Individuals having legal and stable sources of income
Documentation Required
- Complete loan application form of the bank.
- Map of the applicant's residence and the to be purchased property
- Details of the guarantors
- Copy of citizenship of applicant and the guarantors
- Income source documents
- Title deed of the related properties
- Building completion certificate in case of purchase of land and building
- Payment receipt of latest land revenue
- Four boundaries certificate of the proposes collateral security
- Blue print of land
- Trace map of land
- Other related document as per requirement
- Documents conforming the utilization for Mortgage loan
Collateral Required
- Land or Land & Building
Repayment
- Mortgage & personal term loan is to be repaid through Equate Monthly Installment (EMI).
- The personal overdraft loan is in the nature of revolving and can be renewed after due completion of the related provisions.
*Condition applied
Everything you will need to get Shangri-la Personal Overdraft
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The Process
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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
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Contact you nearest branch for further process
FAQ
Shangri-la Personal Overdraft explained
Find the answers to frequently asked questions here.
A home loan, also known as a mortgage, is a type of loan provided by a financial institution (such as a bank or a mortgage lender) to individuals or families to help them purchase a home. Home loans are a common way for people to finance the purchase of real estate, as buying a home often requires a substantial amount of money that most individuals do not have readily available.
Eligibility for a home loan can vary depending on the lender, the type of home loan, and the country's specific lending regulations. However, there are some common factors that lenders typically consider when determining eligibility for a home loan: