Personal Loans

Through NRN Personal loan, the Nepalese living abroad can acquire loans for various personal purposes. Personal Loan is a revolving line of credit that is extended against self-owned property. We provide a flexible product that supports to meet any short term contingent personal financial needs.

Facility is available for

• Meeting any valid immediate personal financing needs

Loan Features

• Tenure: 1 year, renewable
• Service Charge: 1% on approved loan limit
• Financing: Maximum up to NPR 7.5 million

Eligibility Criteria

• Working Professionals
• Salaried Individuals
• Self-Employed Individuals

Required Documents

• Citizenship certificate
• Passport size photographs
• Land ownership certificate (Lal Purja) with Rajinama/Bakaspatra etc.
• Land revenue and property tax paid receipt (recent)
• Approval of construction, approved house map and construction completion certificate (as appropriate)
• Blue Print, Trace Map and Four Boundary Disclosure (char killa) of land
• Bank account statement for at least 3 – 6 months’ time
• Recent Salary Certificate
• Rental agreement (if any) with an identification of tenant
• Copy of blue book of vehicle (in case of vehicle income)
• Firm/Company Registration, PAN, Article & Memorandum of Association, P/L statement and Balance Sheet of firm/company (in case of business income)
• Valid passport/visa, work permit, employment/salary certification from the employer, recent pay slip/bank account statement etc in case of foreign employment
• Personal PAN card is required if loan amount is NPR 10 million and above