General Loan

General Loan

Normal Loan

Eligibility: All CLBSL members

Loan Investment Amount:

  • Maximum loan investment limit till 6 months of membership Nrs 60,000.
  • Maximum loan Investment limit after 6 months till 1 year of membership Nrs. 70,000.
  • Maximum loan Investment limit after 1 year of membership  Nrs 80,000

Repayment period: repayment period from 12 to 20 months

Interest Rate: 15% interest rate on declining basis.

Service Charge: 1.5%

 

 Consumer Loan

Eligibility:  Members who have successfully completed first loan cycle with good credit history

Loan Amount: 

  • Maximum loan investment limit Nrs 40,000.

Interest Rate: 15%

Service Rate: 1.5%

 

Business Loan 

Eligibility: Individual or groups associated with CLBSL

Loan amount:

  • Maximum loan investment limit till 6 months of membership NRs 70000
  • Maximum loan investment limit after 6 months till 1 year 85,000
  • Maximum loan investment limit after 1 year of membership 100,000

Repayment period: Repayment period from 12 to 20 months

Interest Rate: On diminishing rate  with up to 15%

Service Charge: 1.5%

 

Education and Health Loan

Eligibility: CLBSL members who are willing to construct household toilet and invest in their dependents’ education

Loan amount: Maximum loan investment limit Nrs. 30,000 for Education and   maximum limit Nrs. 20,000 will be provided for Health.

Repayment period: Repayment period for 12 months

Interest Rate: 15% interest rate.

Service Charge: 1.5%

 

Alternative Energy Loan

Eligibility: CLBSL members who are willing to improve household energy needs (such as solar home system, bio-gas plants).

Loan amount: Maximum loan investment limit NRs 60,000

Repayment period: Repayment period from 12 to 30 months.

Interest Rate: 15% interest rate.

Service Charge: 1.5%

 

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.