Shangri-la Term Loan
If you are unsure where to go for financing of your business project and you are going to purchase land, construct building for office or going to purchase machinery and equipment then walk in to our office and we will assist you to make right decision and help you in funding your business project and ventures.
Apply Now arrow_right_altFinance and tenure
Upto
3.99 % financing
Tenure Upto
15 years
This product can be availed for :
- Procurement of Land
- Construction of office building or plant building
- Procurement of office building or plant building
- Procurement of Plant and Machinery
- Procurement of other fixed assets
Features:
- Collateral (Fixed Assets) shall be required for all the above mentioned product
- Maximum of 70% of distress value of the collateral shall be availed as loan
- Collateral should be accessible by at least 8 feet wide motorable road
- Collateral should be free from Guthi and mohi; and far from high tension wire
- Collateral shall be valuated by authorized valuator of the bank
- Maximum tenure of loan shall be of 15 year
- Client should be at least of 21 years and should not be more than 60 years at the time of availing loan
Documentation Required
- Passport size photograph (3 Copies) of Loan Applicant / (1 copy) of Guarantor
- Photocopy of Citizenship of Applicant / Guarantor
- Photocopy of Registration No and PAN of Company or Firm
- Copy of Memorandum of Association and Article of Association in case of company
- Partnership deed in case of Partnership Firm
- Board Resolution in case of Company
- Application with appointment for authorization for transactions with bank
- Photocopy of land/building ownership/document. (lal purja)
- Copy of Transfer deed ( Ranjinama)
- Four Boundary Certificate ( Char Killa )
- Blue Print Map of the proposed collateral land
- Building construction approval from Municipality / VDC along with drawing plans (applicable where building is involved)
- Land revenue tax (malpot receipt)
- Audited and Projected Financial Statement
- Feasibility Report of the business or Business Plan
*Condition applied
Everything you will need to get Shangri-la Term Loan
Ready to open Shangri-la 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 Term Loan 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: