Nepal Investment Mega Bank Announces NIMB Home Loan Scheme Features

24th September 2026, Kathmandu

Nepal Investment Mega Bank Limited (NIMB) has released comprehensive product details and eligibility criteria for its NIMB Home Loan facility.

NIMB Home Loan Scheme Features

The personal credit scheme offers financing solutions for Nepalese citizens seeking to purchase land, buy completed residential properties or apartments, construct new homes, or undertake home renovations. The product features flexible repayment options, long loan tenures, and competitive interest rates to expand access to residential housing finance.

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Key Terms, Eligibility, and Loan Parameters

The credit facility establishes specific borrower criteria, financing caps, and repayment structures tailored for both salaried and self-employed individuals.

• Borrower Eligibility: Applicants must be Nepalese citizens with a minimum age of 25 years, and the borrower’s age must not exceed 70 years at loan maturity. Applicants are required to demonstrate a stable source of regular income.
• Loan Amounts and Limits: Minimum loan size begins at 1 million Nepalese Rupees (NPR). Residential home loans are capped at NPR 30 million, with credit requests exceeding NPR 30 million classified under commercial home loan terms.
• Loan Tenure: Maximum repayment terms are set up to 30 years, or up to 20 years for loan repayments sourced exclusively from foreign remittance income.
• Financing Ratios: First-time home buyers can secure up to 80 percent of the property’s Fair Market Value (FMV). For non-first-time borrowers, residential financing is capped at 70 percent of FMV. Home construction loans can cover up to 100 percent of construction costs, subject to the overall 70 percent or 80 percent FMV limits based on bank valuation.

Documentation Requirements and Application Workflow

Interested applicants are required to present specific personal, financial, and property records during loan processing.

• Identification and Registration: Applicants must provide property-related title deeds, family details, and a Permanent Account Number (PAN) card for loan amounts of NPR 2.5 million and above.
• Income Verification Documents: Salaried applicants must submit a salary certificate supported by Tax Deducted at Source (TDS) records. Self-employed individuals must provide business registration documents, audit reports, and tax clearance certificates. Foreign employment workers need a valid visa, salary contract, pay slips, and remittance proof.
• Application Channels: Eligible borrowers can apply at any local NIMB branch location or initiate inquiry via email at [email protected].

For More: NIMB Home Loan Scheme Features