Shangri-la Personal Term Loan

Non-Revolving Term Loan with repayment of loan on installment basis comprising principle & interest

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Finance 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 Term Loan

Ready to open Shangri-la Personal Term 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 Personal Term 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.
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