KIST Cheli-Beti Home Loan Scheme

"KIST Cheli-Beti Home Loan" is a simple term loan developed to provide indivisual home loan facilities to women. The product is launched with a view to meet the financing needs of such women who cultivates strong dream to have a plot of land or construction/renovation/extension a home or purchase a home to pass life with family in own home under her own ownership.

Target Market

• Nepalese women having own regular income from undivided family.
• Permanent salaried women in continued service for minimum 2 years.
• Professionals - at least in 2 years in practice.
• Self-employed businessmen-at least 2 years in business.
• High Net worth individuals (Having personal net worth of more than Rs. 10 Million).

Purpose

• For Construction/Renovation/Extension of house.
  
• Purchase of house/apartment.
  
• Purchase of land only or land and building or apartment for individual purpose.
  

Salient Features

• Financing of up to 90% of the distress value.
• Loan tenure of maximum 15 years.
• Interest Rate of 11.50%-12.50%.
• Service Charge of 1%.
• Minimum Loan Rs. 2,00,000 and Maximum Loan Rs. 20 Million.