Jyoti Bikash Bank Expands Loan Facilities with Flexible Financing Options
20th August 2025, Kathmandu
Jyoti Bikash Bank offers a comprehensive suite of loan products designed to meet the diverse financial needs of individuals, professionals, and businesses in Nepal.
Jyoti Bank Loan Facilities
With a focus on flexibility and competitive rates, the bank provides solutions for homeownership, vehicle acquisition, business expansion, and financial inclusion.
1. Jyoti Home Loan
This loan is for individuals who want to purchase, construct, or renovate a home. It is available to Nepali citizens with a stable income.
Purpose: The loan can be used to purchase land, a building, or an apartment, or for construction, renovation, and reimbursement of recent property acquisitions. It also facilitates refinancing of existing home loans.
Features: The loan amount starts from a minimum of NPR 5 lakhs. It is a non-revolving facility with a long tenure of up to 35 years, and repayment is based on a monthly EMI (Equated Monthly Installment) system.
Documentation: Required documents include a loan application, citizenship copies of the applicant and guarantor, income documents, property title deed, latest land revenue tax receipt, and a blueprint of the land.
2. Mortgage Loan
The Mortgage Loan is a non-revolving facility for individuals with steady monthly income who need funds for land acquisition or fixed asset development.
Purpose: It is used for land purchase and for creating fixed assets using real estate as collateral.
Features: The loan amount is subject to the single obligor limit set by the Nepal Rastra Bank (NRB). It has a tenure of up to 20 years. The interest rate is based on the bank’s published policies.
Eligibility & Security: Eligible applicants are Nepali citizens aged 18–70 with a stable income. The loan is secured by a real estate mortgage, personal guarantees from family members, and insurance for the collateral.
Documentation: Required documents include the application form, citizenship and photographs of all parties, income and financial statements, property titles, building permits, and other relevant documents.
3. Personal Loan
This loan offers financial flexibility for various personal and professional needs.
Purpose: It can be used for purchasing home equipment and electronics, covering medical expenses, making business investments, or refinancing existing loans.
Features: The loan can be structured as a revolving, non-revolving, or demand loan. The loan amount ranges from NPR 5 lakhs to NPR 50 lakhs but can go up to NPR 5 crore for term loans. It can finance up to 100% of the project cost. Term loans have a tenure of up to 20 years, while revolving loans have a 1-year renewable tenure.
Documentation: Documents required include the loan application, citizenship and photographs of the applicant and guarantor, income source documents, property title deeds, and other relevant property-related certificates.
4. Vehicle Loan
The Vehicle Loan makes it easier for individuals and businesses to acquire new or used vehicles.
Purpose: Financing is available for both new and pre-owned vehicles (up to 10 years old) for personal or business use.
Features: The loan offers up to 50% financing for petrol/diesel vehicles, but for electric vehicles (EVs), it can go up to 80%. For second-hand vehicles, financing is limited to 50% of the valuation. The loan has a tenure of 7 years for new vehicles and 5 years for second-hand vehicles.
Documentation: A completed loan application, citizenship and photographs, income verification, and firm/company registration documents (if applicable) are required.
5. Loan Against Securities
This loan allows customers to get liquidity without having to sell their investments.
Purpose: It provides immediate funds for personal or business needs by leveraging a customer’s NEPSE-listed shares, mutual funds, and debentures.
Features: The loan has a tenure of up to 1 year and is renewable. It offers financing up to 50% of the pledged securities’ Fair Market Value (FMV). The process is transparent and regulated under NRB guidelines.
Eligibility: The loan is available to individuals, companies, and firms registered in Nepal.
Documentation: Required documents include the loan application form, citizenship, income source documents, and all relevant forms for pledging and unpledging securities.
6. Deprived & Microfinance Loan
This loan is focused on financial inclusion and is designed to support marginalized groups and small-scale entrepreneurs.
Purpose: It provides financial assistance for business financing in deprived sectors and for affordable housing for underserved communities.
Features: The loan can be either revolving or non-revolving, with disbursement in full or in partial amounts. The tenure is 1 year for revolving loans and up to 5 years for installment loans.
Documentation: For individuals, documents include a loan application form, citizenship or passport, photos, utility bills, salary slips or business license, business plan, and collateral-related documents.
For More: Jyoti Bank Loan Facilities
