The employee loan is given to government and corporate employee who are entitled for post-retirement benefits
Borrower Eligibility
- Should be an employee in government or corporate agencies
- Should be in service for more than 2 years or provide guarantor if employed for less than 2 year.
Term Period
Maximum term period of 5 years
Required documents
- Recent pay slip signed by finance department of concern agency
- Appointment order
| Sl# | Loan Product | Details |
| 1 | Product name | Employee Loan |
| 2 | Little description on the product | The credii facilities to be provided to consumer salaried person |
| 3 | Eligibility | 1. Loan to be facititated only to employees of Government/Corporations /armed forced personnel 2. Must be 18 years and above 3. Good CIB record 4. Should be in service for more than 2 years or provide guarantor if employed for less than 2 year. |
| 4 | Quantum | The maximum limit is Nu. 500,000 per person at a time or 60% LTI whichever is lower. |
| 5 | Interest Rate | 9.50% |
| 6 | Tenure | 5 Years Maximum |
| 7 | Checklist | 1. Duly filled in application form 2. CID copy 3. 2 recent passport size photo 4. Recent pay slip signed by finance department of concern agency 5. Appointment order 6. NOC |
| 8 | Forms | Attached |
