Thursday November 21, 2024
वि.सं
२०८१ मंसिर ०६ बिहिबार
We offer New Auto Loans to the following:
Yes, with a local co-applicant.
Yes, your spouse’s income can be included provided he/she joins as Personal Guarantor.
EMI stands for Equated Monthly Instalments. This instalment comprises both principal and interest components. Your EMI would be calculated depending on the tenure you choose, to repay your loan. The EMI would be higher if you choose to repay within a shorter period as against a longer-term loan.
If possible any immediate family member can be entertain as guarantor (e.g. Spouse and sibling). However, not mandatory unless if your income does not meet our credit criteria then you may be required to have a Guarantor. A Guarantor is the one who has contracted to be responsible for another, especially one who assumes responsibilities or debts in the event of default for your loan. However, the bank may ask for a guarantor if needed.
We finance most passenger Autos and multi-utility vehicles manufactured by leading automobile companies.
When a borrower pays off his/her loan entirely or in part before the defined due date, it is termed as pre-pay the loan any time after availing of the loan. You just have to pay a small pre-payment fee on the outstanding loan amount accordingly to Standard Charge Card. (Provision of NRB Directive is applicable, please visit your relationship branch).
For new vehicle maximum tenure shall be six years and five years for old vehicle, however maximum tenure should not exclude ten years from the date of manufacture of vehicle at loan maturity.
There are variety of home loans on offer
You can include your spouse or other undivided family member as a co-applicant for the Loan. His / her income can be added to enhance the loan amount.
As the name implies, Floating Rate Home loans or Variable Interest rate loans refers to loans where the interest applicable on the Home loan varies with the change in the Bank’s Benchmark rates such as Base Rate.
When a borrower pays off his/her loan entirely or in part before the defined due date, it is termed as can pre-pay the loan any time after availing of the loan. You just have to pay a small pre-payment fee on the outstanding loan amount accordingly to Standard Charge Autod. (Provision of NRB Directive is applicable, please visit your relationship branch)
Purpose of Cash Back Home Loan are highlighted below.
Note: Time limitation for equity financing is up to 6 month if purchased from other and up to 6 month if constructed by borrower himself/herself.
The maximum tenure under Cash Back Home Loans is 20 years for salaried and self-employed customers, subject to age of the borrower not exceeding 70 years at loan maturity.
We have various options according to purpose of loan, please contact our nearest branch officer.
Yes. We have schemes to cater to the Home loan requirement of salaried individuals receiving their salary in cash
Yes, we takeover loans from other Banks & FIs at attractive rate of interest up to same O/S limit. We also takeover loans based on the repayment track record of the customer with simple documentation. While transferring Home Loan to us we can also extend you a loan for your personal needs accordingly.
Note: – However, financing shall be in line with latest NRB circular/Directives.
Interest rates are offered basis profile of the customer. MNBBL interest rates are among the BEST IN THE INDUSTRY, starting at Base rate (please contact our nearest branch for more details).
Loan eligibility for individual customers will depend on MNBBL credit policy. Loans are available as per requirement please contact our nearest branch office.
Loan repayment can be done immediately after availed, and repayment charge is applicable as per latest Standard Charge Card, please contact out nearest branch office.
KYC (multi-banking, net worth’s and family tree, Income Documents, security/collateral related, are mandatory for applying a Personal Loan. Additional documents may be requested from case to case basis.
Part payment or pre-payment of Loan is allowed with applicable charges.
MNBBL will confirm its appraisal decision within 5 days from the date of receipt of application and other full set of documents and other documentation is complete as per MNBBL Policy norms.
Yes, we do offer loans against existing properties owned by customers or those jointly owned by customers and their immediate family members.
Some of the variants which we offer against properties are:
The interest to be paid by the customer is calculated only on the amount withdrawn/utilized and for the time period it is withdrawn/utilized till the time the same is repaid. The interest is calculated on a daily reducing balance and charged on a monthly basis.
Our loan tenure range from 12 months up-to 180 months subject to fulfilment of our banks internal policy and credit criteria on regarding.
Loan Against Shares (LAS) is Loan Against Marketable Securities in which the customer pledges his investment in favor of lender and borrows funds to meet his financial and personal requirement without selling his investment but purpose must be clear.
Based on requirement of borrower, please contact our nearest branch office.
You can repay the loan at any point of time during the loan tenure by repaying the due interest and the principal loan amount through Cash/Cheque and for prepayment latest Standard Charge Autod is applicable.
If possible any immediate family member can be entertain as guarantor (e.g. Spouse and sibling). However, not mandatory unless if your income does not meet our credit criteria then you may be required to have a Guarantor. A Guarantor is the one who has contracted to be responsible for another, especially one who assumes responsibilities or debts in the event of default for your loan. However, the bank may ask for a guarantor if needed.
Yes. You need to open a saving/current/overdraft account, in which a credit limit will be set.
Only those share which are listed in NEPSE and as per MNBBL Internal Qualified share list, for more details please contact nearest branch.
Gold loan is disbursed within one day. This is, however, subject to the loan amount, assessment of the gold jewellery and documents that you submit.
You can avail Gold Loan if you are an individual
Please contact nearest branch. Approvals are at the sole discretion of the bank.
All you need is to bring to your gold to Gold Loan branch. Based on your requirement & eligibility you can choose from the various product variants.
There are multiple repayment options offered. Servicing of the interest Or Interest with Principle can also be opted for.
MNBBL Gold Loan comes to you at attractive & competitive interest rates.
Gold Loan is available for tenure one year.
Long Term Loan
For higher study of applicant, children, and sibling. For more details please contact our nearest branch.
MNBBL Education Loan comes to you at attractive & competitive interest rates.
Education Loan is available for tenure eight year.
