Housing Loan

Housing Loan

United Home loan is the best of its kind of product in the contemporary market which offers attractive features with simple and easy procedures.

Purpose

  1. Purchase of ready build house
  2. Construction of house
  3. Construction/ purchase of house from Housing Developers
  4. Renovation of existing house
  5. Extension of existing house
  6. Purchase of apartment
  7. Re‐finance of home loan (land and or building) already financed from other financial institutions (Swap).

Features

  1. Tenure: maximum 20 years including moratorium period.
  2. Moratorium period : Generally one year or based on the nature of project
  3. Repayment on EMI basis
  4. Maximum financing: No restriction
  5. Pre-payment charge : 2 -3% on pre-paid amount
  6. Service Charge : 1% on sanctioned loan amount
  7. No other hidden charges/commission

Eligibility

  1. Salaried individual
  2. Professionals
  3. Self‐employed individuals
  4. Pensioners
  5. Businessmen
  6. Others (income generating from other sources apart from above mentioned income like remittance, rentals etc.

Required Documents

  1. Application Form
  2. Copy of Citizenship of Applicant and Guarantor
  3. Land revenue and tax paid receipt
  4. Approval for construction, approved house drawing and construction completion certificate (as appropriate)
  5. Recent blue print, trace map and foundry certificate
  6. Photo of the Applicant and Guarantor
  7. Copy of Lalpurja/ Electricity Bill/Water Bill etc
  8. Recent salary certificate signed by authorized person
  9. Audited Financial Statements of latest FY, in case of business income
  10. Photocopy of Bluebook of the vehicle/Equipment duly verified by Concerned Authority
  11. Copy of PAN/VAT and other registration Certificate
  12. Rental Agreement
  13. Remittance slips
  14. Copy of valid visa
  15. Others as required

Head Office:

United Finance Ltd.

IJ plaza,Durbar Marga,Kathmandu,Nepal

P.O.Box : 12311

Phone:01-4241648, 01-4241645

Email:info@ufl.com.np


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