Shangri-la Foreign Employment Loan

You have obtained visa or in the process of obtaining visa but need money to finance your travel abroad then visit our nearest branch for financing your need.  

This product can be availed for :

aFinancing your abroad visit for employment

Features:

aCollateral shall be required for above mentioned product
bMaximum of 70% of distress value of the collateral shall be availed as loan
cCollateral should be accessible by at least 8 feet wide motorable road
dCollateral should be free from Guthi and mohi; and far from high tension wire
eCollateral shall be valuated by authorized valuator of the bank
fMaximum tenure of loan shall be of 2 years or contract period or validity of visa
gClient should be at least of 21 years and should not be more than 50 years at the time of availing loan

Benefits:

aEasy repayment plan matching with the income of the client
bPersonalized service
cQuick processing and decision shall be obtained within 48 hours after complete submission of documents
dEasy documentation

Documentation:

aValid visa obtained for foreign employment of person going abroad
bPhotocopy of passport of person going abroad
cPassport size photograph (3 Copies) of Loan Applicant / (1 copy) of Guarantor
dPhotocopy of Citizenship of Applicant / Guarantor
ePhotocopy of Land/Building Ownership certificate (Lal Purja)
fFour Boundary Certificate ( Char Killa )
gBlue Print Map of the proposed collateral land
hBuilding construction approval from Municipality / VDC along with drawing plans (applicable where building is involved).
iLand revenue tax (malpot receipt)
jIncome certifying document (salary letter, balance sheet, rental agreement etc)

Charges and Interest Rate

Please visit our nearest branch for further information and to learn about charges and interest rate