The total outstanding
portfolio for loan against fixed deposits stands
at Nu.39,365,693.48 as of 01/10/2007.
Lending Policy:
- Application Fee: Nu.100/- for every application
- Interest Rate : 2% above the interest of the
FD
- Repayment : Monthly/Yearly
- Maximum Term : Expiry date of certificate
- Penalty : 5%
Eligibility Criteria
- The Fixed Deposit must be in the name of the applicant
- A Loan of 75% of the initial deposit of the FD maybe applied for
Credit Process:
Step 1: Fill application form
available at BNBL offices. The form should be
supported with original Fixed Deposit Certificate,
a copy of identity card and two passport size
photographs.
Step 2: The Credit Officer
will review your documents and proposal. On acceptance
of your proposal, we commence our loan appraisal
to the loan committee. Following the above, the
actual appraisal and approval time would take
half a day at the maximum. The loan committee
consists Credit Officer, Legal Officer, Dy. Credit
Head, Credit Head.
To
download Loan Aplication Form click below:
|
