Term Loan

 

 

Machhapuchchhre Bank Limited offers Term loan to finance capital expenditures for your business. We also extend term loan to finance part of your permanent working capital needs. We have priced Term Loan extremely competitive and the repayment tenure of loan is flexible to match with your cash flow from the business, but not exceeding a maximum period of 10 years.

Documents Required:

  1. Detailed Project Report
  2. Profile of Company and its Director(s) or Firm and its Partners / Proprietor.
  3. Registration documents of the company / Firm (renewed, as applicable).
  4. Loan Application Form.
 

Security Requirement: 

  1. First Charge over the asset.
  2. Personal Guarantee of Directors / Partners / Proprietor.
  3. Promissory Note and Loan Deed.
  4. Mortgage Deed, where mortgage over Fixed Assets
  5. Other documents as sought by the Bank



Interest Rates:

  • Interest will be charged on quarterly or monthly basis (Nepali calendar) as agreed.



Loan Amount:

  • Upton 70 percent of the project cost or asset value.
Other terms and conditions will be as decided by the bank from time to time.
For more details, please contact to Credit Department in of your nearest branch