Global IME Bank Green Home Loan: Finance Your Eco-Certified Sustainable Home
20th June 2025, Kathmandu
Global IME Bank has introduced the Green Home Loan to support Nepali citizens in adopting eco-friendly lifestyles. This loan aims to finance the construction, purchase, renovation, or extension of green-certified houses and buildings.
Global IME Green Home Loan
It encourages people to invest in energy-efficient homes that reduce carbon footprints and promote environmental sustainability.
What Is The Global Green Home Loan?
The Green Home Loan focuses on eco-friendly residential projects. It helps fund new green buildings, purchase of individual green homes or apartments, and upgrade or renovate existing properties to make them more sustainable. The loan applies to properties certified green by the government or other national and international bodies. This certification ensures that the building meets energy efficiency and environmental standards.
Key Benefits Of The Green Home Loan
First, borrowers contribute to a cleaner environment by choosing homes that consume less energy and generate less waste. Eco-friendly homes use innovative techniques such as solar power, rainwater harvesting, and waste recycling.
Second, the loan comes with competitive interest rates. It offers a 7.99% fixed rate for the first seven years. After that, the rate adjusts to the bank’s Base Rate plus 2%. This makes it affordable for customers aiming for sustainable living.
Third, the loan tenure can stretch up to 30 years. This long repayment period helps borrowers manage their finances comfortably.
Additionally, the bank provides extra benefits, including free mobile and internet banking for the first year. Customers get a 50% discount on annual locker charges during the first year. Moreover, the credit card issuance fee is waived for the first year. These features make the loan package attractive and customer-friendly.
Eligibility Criteria
To qualify, applicants must be Nepali citizens aged 21 or above at the time of loan approval. The maximum age at loan maturity should not exceed 70 years. Family members like spouses, parents, siblings, and others living in a single household can also apply jointly with personal guarantees.
Applicants must have a reliable income source to repay the loan. The property financed must be acceptable as collateral by the bank.
What Makes a Home Eligible as Green/Eco-Friendly?
For a building to qualify under the Green Home Loan scheme, it must meet at least six out of nine specified green criteria.
Water Conservation:
The property should implement at least one water-saving measure. Options include rainwater harvesting systems (roof or non-roof based), groundwater recharge, or wastewater treatment and reuse.
Solar Water Heating:
At least one solar system must be installed. This could be a solar water heater (minimum 150 liters), solar heating/cooling systems, rooftop solar power, or solar photovoltaic panels (minimum 500 watts).
Waste Management:
The building must have at least two waste management systems, including mandatory waste segregation into organic and inorganic waste. Other options include septic tanks or resource recovery methods like composting or biogas.
Double Glazed Windows:
At least 50% of the windows should use double glazed units. These windows improve insulation and energy efficiency by using low-E or reflective glass.
Building Envelope Insulation:
Both wall and roof insulation must be applied. Walls may use rat trap bonds, cavity walls, or insulated bricks covering at least 80% of external walls. Roof insulation should cover a minimum of 80% of exposed surfaces.
Natural Lighting and Ventilation:
The home should have openable windows that provide natural ventilation and daylight. The openable floor area must meet specific ratios depending on the climate region (temperate, warm temperate, or cold).
Shading:
The building should have external movable shading for east and west windows and at least 450mm horizontal shading for south-facing windows.
Green Space
At least 10% of the site must be permeable, or 50% of the roof area should have a green roof.These features help reduce energy consumption and promote a healthier living environment.
Documents Required For Application
Applicants need to provide identification documents such as citizenship certificates, photographs, and relationship certificates if applicable. Business-related applicants must submit registration certificates, tax documents, and financial statements.
Proof of income depends on the source. Salaried individuals provide salary certificates and employer contracts. Pensioners submit pension certificates and bank statements. Self-employed or business owners present audited financials, tax clearances, and bank statements.
Collateral documents include title deeds, land revenue receipts, building permits, blueprints, and construction certificates. The bank may request additional documents to verify eligibility and property status.
Nationwide Access And Quick Approval
Global IME Bank offers this loan across all 77 districts in Nepal, ensuring broad access. The bank promises a quick approval process to help customers get timely financing.
Conclusion: Building A Greener Nepal
The Global Green Home Loan is more than just a financial product. It is an invitation to adopt a sustainable lifestyle while achieving homeownership goals. With affordable rates, long tenure, and inclusive benefits, the loan makes green living feasible for many Nepali families.
By supporting eco-friendly construction and renovation, Global IME Bank contributes to Nepal’s environmental goals. Customers who choose this loan actively participate in reducing carbon emissions and conserving natural resources.
For those planning to build or buy a home that respects the environment, the Green Home Loan offers an ideal financing solution. Visit Global IME Bank or contact their customer support to learn more and begin your journey toward sustainable living today.
For more:- Global IME Green Home Loan
