Unit Based Loan

Unit Based Loan

Group business Loan

Eligibility: Groups that has completed 1 year in branch.

Loan amount: Maximum loan investment limit 10,00,000 Per person limit Nrs. 20,000.

Repayment period:  Repayment period from 12 to 60 months with 14% interest rate.

Service Charge: 1.5%

 

Unit Home Loan

Eligibility: This loan is to support CLBSL’s units to construct community or their unit buildings for social functions and monthly meetings.

Loan amount: Maximum loan investment limit NRs 50,000.

Repayment period: repayment period from 12 to 60 months

Interest Rate: 10% pa on decline balance.

Service Charge: 0.00%

 

Note:

Penalty Provision:  Any Breach in Loan Agreement or delay in payment of Installment in assigned timeline will result in 3 percent penalty on outstanding Loan Amount.