Home Loan (fixed)

A Home / Housing Loan (Ghar Karja) in Nepal is a long-tenure, secured loan offered by commercial banks, development banks and finance companies to buy a ready-built house or apartment, purchase land and construct a home, or extend/renovate/refinance an existing residential property. The property being financed is mortgaged to the lender as collateral, and the borrower repays in monthly EMIs over a tenure that can run up to 25-35 years. It is aimed at Nepali citizens with a stable, verifiable income source (salaried employees, professionals, self-employed/business owners, and remittance earners). Loan size and terms are governed by Nepal Rastra Bank's Unified Directive, which currently allows up to 80% loan-to-value financing (max Rs 3 crore) for genuine first-time home buyers and up to 70% for others.