Housing loan (Commercial/Renovation)
10.00%
Build or Renovate Commercial Property with T Bank Housing Loan!
If you are in need of finance assistant for construction/purchase/renovate of your commercial building, T Bank Housing loan scheme is there to help your financial need.
Eligibility
- Any individual, firms who desires to construct commercial building
Quantum
- 80% of the bank’s valuation for loan limit up to Nu 50.00 million
- 70% of the bank’s valuation for loan limit more than Nu 50.00 million
Tenure
- Maximum term of 30 years excluding gestation.
Documents Required
- Loan application form duly filled and signed on all the page
- Guarantor form duly filled and signed on all the page, if applicable.
- Citizenship Identity (CID) copy of the applicant and guarantor.
- Citizenship Identity (CID) copy of the applicant and the guarantor if required.
- Recent Pass Port size photographs of the applicant.
- Copy of ownership certificates.
- No objection certificate from immediate family members (18 years and above) to avail loan and construct building in his / her name if the land has joint ownership.
- Sale Deed agreement in case of purchase of readymade building.
- Latest Property valuation (will be computed by bank engineer)
- Approved drawing plan of the building and a copy of approval letter for construction/renovation.
- Expected monthly rental income from property and any other proof of income to service the loan – verified income by way of rental receipts, BIT, etc.
- Any individual, firms who desires to construct commercial building
- 80% of the bank’s valuation for loan limit up to Nu 50.00 million
- 70% of the bank’s valuation for loan limit more than Nu 50.00 million
- Maximum term of 30 years excluding gestation.
- Loan application form duly filled and signed on all the page
- Guarantor form duly filled and signed on all the page, if applicable.
- Citizenship Identity (CID) copy of the applicant and guarantor.
- Citizenship Identity (CID) copy of the applicant and the guarantor if required.
- Recent Pass Port size photographs of the applicant.
- Copy of ownership certificates.
- No objection certificate from immediate family members (18 years and above) to avail loan and construct building in his / her name if the land has joint ownership.
- Sale Deed agreement in case of purchase of readymade building.
- Latest Property valuation (will be computed by bank engineer)
- Approved drawing plan of the building and a copy of approval letter for construction/renovation.
- Expected monthly rental income from property and any other proof of income to service the loan – verified income by way of rental receipts, BIT, etc.
