Housing Loan

Owning a house is a dream for many and Malika Vikas Bank is always there to help you realize your dreams under Malika housing loan schemes. It is a term loan, developed to cater the personal financing needs of salaried individuals, self-employed, professionals, and owners of small family businesses.
Purpose

• Construction/Renovation/Extension of House.
• Purchase of House/Apartments.
• Purchase of land or land and building or apartment for individual purpose.

Key Features

• Financing of up to 70% of the distress value of the property/cost of construction as applicable or up to the maximum limit for a single borrower as prescribed by NRB whichever is less.
• Maximum loan tenure of 20 years.
• Repayment in equal monthly installments (EMI) basis.