Nepal Housing Development Finance Company
Services :

Company provides deposit and loan services.

Deposit Scheme
Fixed deposit :

Duration Interest Rate
1 year 7.0%
2 years 7.25%
3 years 7.50%
4 years 7.75%
5 years 8.00%
6 years 8.25%


Terms and Condition:

A minimum of Rs. 10,000.00 is required to open a fixed deposit. Interest on deposit can be collected in quartly, half yearly or annually as per the requirement of the customer. Loans on fixed deposits will incur a 2% margin on the given interest rate with a maximum loan of 90%.


Saving Account :

A minimum balance of Rs. 1000.00 is required for saving accounts which pays an interest of 6% on monthly minimum balance with interest capitalization every quarter.

  Contact Personnel
1.
 Mr. Dipendra Sharma (Account Officer)
2.
 Mr. Manoj Poudel (Account Assistant)


Loan


Nepal Aawas Bikas Bitta Company Limited is the first finance Company in Nepal, which completely focuses on the housing sector. It grants loan for various purposes like improving the existing housing arrangement, launching new housing schemes, supplying housing loan facilities and providing other housing related services in order to meet the growing demand for housing in the kingdom of Nepal.

Nepal Aawas Bikas Bitta Company provides loans with a maximum tenure of 15 years at a competitive interest rate (currently 12% p.a.). All loans are payable to the company on an Equated Monthly Installment (EMI) basis following diminishing balance principle. Comparative EMI's are provided in the table below for various loan amounts and tenures.

[ All figures in NRs.]
Loan Amount
Loan Duration
5 years
10 years
15 years
100000
2224.44
1434.71
1200.17
200000
4448.89
2869.42
2400.34
300000
6673.33
4304.13
3600.50
400000
8897.78
5738.84
4800.67
500000
11122.22
7173.55
6000.84
600000
13346.67
8608.26
7201.01
700000
15571.11
10042.97
8401.18
800000
17796.56
11477.68
9601.34
900000
20020.00
12912.39
10801.51
1000000
22244.45
14347.09
12001.68
1100000
24468.89
15781.80
13201.85
120000
26693.34
17216.51
14402.02
130000
28917.78
18651.22
15602.18
140000
31142.23
20085.93
16802.35
150000
33366.67
21520.64
18002.52

Required Documents :
 
  1. Duly filled loan application form (procured from the Company office @ Rs. 50)
  2. Citizenship Certificate (applicant and co-applicant if any)
  3. Relationship document between applicant and co-applicant(s)
  4. Income statements
  5. Photocopy of Ownership Documents (Lalpurja)
  6. Land Revenue (Tiro) papers
  7. Site verification papers (Char Killa) from Ward Office
  8. Building Design appropriated by the Municipal / VDC offices and certificate.
  9. Cadastral Map (Naapi Naksha)
  10. Valuation done by Consultants specified by the Company
  11. No objection certificate from Credit Information Bureau (Nepal Rastra Bank)
Fees required for loans : Contact Personnel :
Form Rs. 50
Form Registration Rs. 500
Service Charge 1.5% of approved loan
Insurance Charge as applicable
Consultants Fee Rs. 2500
Land Revenue Dept. fees (Dristibandhak) Approx Rs. 2500
1.
 Mr. Pramod Sharma (Loan Mananger)
2.
 Mr. Durga Bhattarai (Loan Officer)
 
Copyright © Nepal Aawas Bikas Bitta Company (Bittya Sanstha)

Designed By: Ramsbay

Nepal Aawas Bikas Bitta Company (Bittiya Sanstha)
New Baneswor, Kathmandu
P.O.Box: 5624, Phone: 4780259, 2102107, Fax: 4782753
e-mail: info@nepalhousing.com , nhdf@mos.com.np