Employee Loan
Easy and fast employee loan
Empowering employees with personal loans up to Nu.1,000,000 — simple, secure, and salary-based support.
Purpose: Personal use
Eligibility
- Should have three years of confirmed service
- Should provide third party guarantee of an employee with same grade or above working in the same or different department/organization
- The guarantor should have a minimum of 3 years of service.
- The borrower should not have any loan scheme against his/her benefit with other financial institutions.
Quantum
- Maximum limit of Nu.1,000,000/- only
Tenure
- Maximum term of 7 years
Documents Required
- Loan application form duly filled and signed on all pages.
- Copy of CID of both the applicant and guarantor.
- Recent passport size photograph of the applicant and guarantor
- Letter of Undertaking from the company (Finance Department)
- Latest Pay Slip of the applicant(s) and, signed and sealed by Salary Disbursing Officer.
- Guarantor form duly filled and signed on all the pages, if applicable
- Appointment Letter or Service Confirmation Letter of applicant and guarantor.
- Should have three years of confirmed service
- Should provide third party guarantee of an employee with same grade or above working in the same or different department/organization
- The guarantor should have a minimum of 3 years of service.
- The borrower should not have any loan scheme against his/her benefit with other financial institutions.
- Maximum limit of Nu.1,000,000/- only
- Maximum term of 7 years
- Loan application form duly filled and signed on all pages.
- Copy of CID of both the applicant and guarantor.
- Recent passport size photograph of the applicant and guarantor
- Letter of Undertaking from the company (Finance Department)
- Latest Pay Slip of the applicant(s) and, signed and sealed by Salary Disbursing Officer.
- Guarantor form duly filled and signed on all the pages, if applicable
- Appointment Letter or Service Confirmation Letter of applicant and guarantor.
Eligibility
- Should have three years of confirmed service
- Should provide third party guarantee of an employee with same grade or above working in the same or different department/organization
- The guarantor should have a minimum of 3 years of service.
- The borrower should not have any loan scheme against his/her benefit with other financial institutions.
Quantum
- Maximum limit of Nu.500,000/- only
Tenure
- Maximum term of 5 years
Documents Required
- Loan application form duly filled and signed on all pages.
- Copy of CID of both the applicant and guarantor.
- Recent passport size photograph of the applicant and guarantor
- Letter of Undertaking from the company (Finance Department)
- Latest Pay Slip of the applicant(s) and, signed and sealed by Salary Disbursing Officer.
- Guarantor form duly filled and signed on all the pages, if applicable
- Appointment Letter or Service Confirmation Letter of applicant and guarantor.
Forms
- Download Account Opening Form
