Welcome

Gurkha Development Bank (Nepal) Ltd. is promoted by British Gurkhas. It is managed by banking professionals. The disciplined and loyal Gurkhas incorporates the same values in the bank which has earned them an awesome reputation. There is profit but with ethics. Transparency and integrity are not compromised for financial gains...
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Home Loan

Purpose

Construction of new buildings
Purchase of  built houses
Purchase of flats/apartments/independent houses
Renovation and extension of the existing houses
 

Eligibility

Individual having salary income or self employed
Gross monthly income including of spouse should be at least double of the monthly installment of the loan
Age of the applicant shall not be more than 60 years
 
Loan Amount
Loan amount is computed based on total project cost, source of income and loan period
Maximum loan amount is NRs. 50 lakhs
Minimum loan amount is NRs. 5 lakhs
 
Interest Rate & Other Fees
Published interest rate is applicable
Processing fee is 1%
Pre-payment fee is 1% of loan being pre-paid
 
Repayment of Loan & Repayment Period
Repayment is based on Equal Monthly Installment (EMI)
Maximum loan period is 15 years
Minimum loan period is 5 years
Foreign Exchange Rates
  Unit Cash Buy Sell
U.S. Dollar 1 66.93 68.20
Euro 1 105.13 --
Indian Rs 100 160 160.15
Pound 1 132.89 --
as of more...