Personal Overdraft Loan
Personal overdraft loan product is designed to cater to the personal financial needs of individual customers up to NPR 5 million.
Product Features:
- Loan limit as per approval
- Simplified paperwork
- Easy disbursement
- Easy to processing
- Revolving and to be renewed on annual basis
Loan Limit:
Minimum: NPR.1,000,000 (Nepalese Rupees One Million Only)
Maximum: NPR 10,000,000 (Nepalese Rupees Ten Million Only)
Note: The total Personal Loan (Overdraft) limit sanctioned to an individual client shall not exceed NPR 10,000,000 (Nepalese Rupees Ten Million), including limits availed from other Banks and Financial Institutions (BFIs).
Quantum of Loan:
Financing Ratio against FMV shall be Maximum up to 50% of FMV.
