Pokhara Finance Limited offers various types of products to meet the demand of customers who look for a trustworthy lending at attractive interest rate with no hidden charges. Available products are customized as per the need of customers.

Following loan products are available for customers at competitive interest rate;

Personal Home Loan

• To construct residential home, to purchase readymade home/flat, to purchase land or for renovation and extension of house, for reimbursing cost of land/land and building/flat purchased within three months of purchase, for internal Swap of existing Home Loan.
• Refinance from existing bank
• Loan Limit: Min. NPR 0.5M. to Max. NPR 20M.
• Facility of prepayment:
  • No prepayment charge for loan up to NPR 5M.
  • For loan above NPR 5M, as per the guideline provided by Nepal Rastra Bank.
• Mode of payment: Equal Monthly Installment.
• Maximum tenure: 20 years
• Loan to Value Ratio: 
  • Maximum 80% of the estimated cost of the building (in case of construction). Finance percentage however not to exceed 60% of the total FMV (land & building). 
  • 70% of the total FMV (Land & building) for first home buy case.
• Eligible Age: 18 years to 75 years (At the loan maturity).

Mortgage Loan

• To repay personal borrowings, to purchase real estate properties, to invest in equities of company(s) or to renovate property.
• Loan Limit: Min. NPR 0.5M. to Max. NPR 50M.
• Facility of prepayment:
  • No prepayment charge for loan below NPR 5M.
  • For loan above NPR 5M, as per the guideline provided by Nepal Rastra Bank.
• Mode of payment: Equal Monthly Installment
• Maximum tenure:15 years
• Loan to Value Ratio: 50% of the Fair Market Value (FMV) of the property.
• Eligible Age: 18 years to 75 years (At the loan maturity).

Personal Loan (Interest Payable/Overdraft)

• To repay personal borrowings/household expenses/invest in business/flooring and furnishing of house or any other purpose acceptable to the company.
• Loan Limit: Min. NPR 0.5M. to Max. NPR 5M.
• No prepayment charge
• Interest payment: Monthly or Quarterly
• Repayment allowed for interest payable type and revolving for Overdraft type.
• Maximum Tenure: 1 year. However, can be fully repaid/settled or renewed on customer's request with payment of management fee.
• Loan to Value Ratio: 50% of the Fair Market Value (FMV) of the property.
• Eligible Age: 18 years to 75 years (At the loan maturity).

Hire Purchase Loan

  A) Auto (New/Used)

• To finance purchase of new or used private vehicles for personal use 
• Loan Limit: Min. NPR .09K to Max. NPR 15M. depending upon the nature and type of vehicle.
• Facility of prepayment:
  • No prepayment charge below NPR 5M.
  • For loan above NPR 5M, as per the guideline provided by Nepal Rastra Bank.
• Mode of payment: Equal Monthly Installment.
• Maximum tenure: 
  • For new vehicle: 8 years 
  • For used vehicle : 5 years
• Loan to Value Ratio: 
  • For new vehicle: Maximum 50% of the quotation price or VAT bill whichever is lower in case of new vehicle.
  • For used vehicle: 50% FMV of the vehicle as provided by the authorized valuator
  • For electric vehicle:  Maximum 80% of the quotation price or VAT bill whichever is lower. 
• Eligible Age: 18 years to 75 years (At the loan maturity).

  B) Commercial (New/Used)

• To finance purchase of new or used vehicles for commercial use. 
• Loan Limit: Min. NPR 0.5M to Max. NPR 10M depending upon the nature and type of vehicle
• Facility of prepayment:
  • No prepayment charge below NPR 5M.
  • For loan above NPR 5M, as per the guideline provided by Nepal Rastra Bank.
• Mode of payment: Equal monthly installment.
• Maximum tenure: 
  • For new vehicle: 7 years 
  • For used vehicle : 5 years
• Loan to Value Ratio:
  • Maximum 70% of the quotation price or VAT bill whichever is lower in case of new vehicle 
  • Maximum 60% FMV of the vehicle as provided by the authorized valuator.
• Eligible Age: 18 years to 75 years (At the loan maturity).

  C) Equipment Financing (Fixed/Earthmoving)

• To finance new and heavy fixed or earthmoving equipment.  
• Loan Limit: Min. NPR 0.5M. to Max. NPR 8M depending upon the nature and type of equipment.
• Facility of prepayment:
  • No prepayment charge below NPR 5M.
  • For loan above NPR 5M, as per the guideline provided by Nepal Rastra Bank.
• Mode of payment: Equal Monthly Installment.
• Maximum tenure: 5 years.
• Loan to Value Ratio: Maximum 70% of the quotation price.
• Eligible Age: 18 to 75 years at the loan maturity.

Professional Loan (Revolving/Term)

• To repay personal borrowings, meet household expenses, invest in consumer durables, invest in business, to meet education expenses or to for social events etc.
• Loan Limit:
  • For revolving nature NPR 0.1M. to Max. NPR 0.5M.
  • For term nature NPR 0.1M to NPR 1.5M.
• No prepayment charge
• Interest payment 
  • For revolving nature: Monthly
  • For term nature: EMI
• Prepayment: Allowed. 
• Maximum Tenure
  • For revolving nature: 1 year. However, can be fully repaid/settled or renewed on customer's request with payment of management fee.
  • For term loan : 7 years.
• Security: Demand Promissory note or organization guarantee
• Eligible Age: 21 to 60 years (At the loan maturity).

Industrial/Business/Tourism Loan (Term/Overdraft/Working Capital)

• To invest in business enterprises, engaged in manufacturing, trading, retailing, professional services, hospitality services. Entities typically are sole proprietorships, partnerships and private limited company.
• Loan Limit: Min. NPR 0.5M. to Max. (Defined by structure/capacity of unit)
• Facility of prepayment:
  • No prepayment charge below NPR 5M.
  • For loan above NPR 5M, as per the guideline provided by Nepal Rastra Bank.
• Mode of payment: 
  • For Revolving nature: Interest payment (monthly/quarterly)
  • For Term nature: Equal Monthly Installment or Equal Quarterly Installment.
• Maximum Tenure
  • For revolving nature: 1 year. However, can be fully repaid/settled or renewed on customer's request with payment of management fee.
  • For term loan: 15 years.
• Loan to Value Ratio: Maximum 80% of the Fair Market Value (FMV) of the property (Land or Land/Building)
• Eligible Age: 18 to 75 years (At the loan maturity).

Working Capital Loan (Above NPR 10 M)

• To invest in business enterprises, engaged in manufacturing, trading, retailing, professional services, hospitality services. Entities typically are sole proprietorships, partnerships and private limited company.
• Loan Limit: Min. NPR 10M to Max. (Defined by structure/capacity of unit)
• Facility of prepayment:
  • No prepayment charge 
• Mode of payment: 
  • For Fluctuating Working Capital Nature: Interest payment (monthly/quarterly)
  • For Permanent Working Capital Nature: Equal Monthly Installment or Equal Quarterly Installment.
• Maximum Tenure
  • For revolving nature: 1 year. However, can be fully repaid/settled or renewed on customer's request with payment of management fee.
  • For Permanent Working Capital: Min 3 years to Max. 10 years 
• Loan to Value Ratio: Maximum 80% of the Fair Market Value (FMV) of the property (Land or Land/Building)
• Financing Criteria: Maximum up to 25% of the projected sales. 

Share Loan (Revolving/ WC)

• To invest in share transactions.
• Loan Limit: Min. NPR 0.5M. to Max. NPR 120M.
• No prepayment charge
• Interest payment: Monthly or Quarterly
• Repayment allowed for interest payable type and revolving for Overdraft type.
• Maximum Tenure: 1 year. However, can be fully repaid/settled or renewed on customer's request with payment of management fee.
• Loan to Value Ratio: Maximum 70% of the Total Market Value (calculated on 180 days average price of share or price of last working days whichever is lower
• Eligible Age: 18 to 75 years (At the loan maturity).

Deprived Sector Loan

  A) Institutional: (Term/O/D/WC)

• To extend loan to those institutions/ microfinance companies working for the deprived sectors duly licensed by NRB.
• Loan Limit: Min. NPR 5M. to Max. NPR 150M.
• Facility of prepayment: No prepayment 
• Mode of payment: 
  • For Revolving nature: Interest payment (monthly or quarterly)
  • For Term nature: Equal Monthly Installment or Equal Quarterly Installment.
• Maximum Tenure
  • For revolving/working capital nature: 1 year. However, can be fully repaid/settled or renewed on customer's request with payment of management fee.
  • For term loan: 5 years.
• Security: Corporate guarantee.

  B) Personal (Term)

• To extend loan to the poor and marginalized people with or without collateral.
• Facility of prepayment: No prepayment charge.
• Mode of payment:  Equal Monthly Installment. 
• Maximum Tenure: 5 years. 
• Loan to Value Ratio: Maximum 80% of the Fair Market Value (FMV) of the property (Land or Land/Building)
• Eligible Age: 18 to 75 years (At the loan maturity).
• Loan Limit: Min. NPR 0.05M. to Max. NPR 2.5M.

Education Loan

• To meet the higher educational expenses within or outside the country.
• Loan Limit: The amount of loan shall be co-related to the expenses involved in taking up the course, student and the expected earnings after qualifying, subject to maximum of NPR 3.5M. (For studies in Nepal and SAARC countries). NPR 5M (For studies abroad or in other countries).
• Facility of prepayment: No prepayment charge.
• Mode of payment: Equal Monthly Installment.
• Maximum tenure: Maximum of 10 years including the time required for completion of course or maximum of 5 years excluding the time required for completion of course.
• Loan to Value Ratio: Maximum 60% of the Fair Market Value (FMV) of the property (Land or Land/Building)
• Eligible Age: 18 years to 40 years (At the loan maturity).

Agriculture

  A) For Enterprises (Term/OD/WC):

• To invest in business enterprises engaged in agricultural activities like Agronomy, Livestock, Horticulture, Floriculture, Aquaculture/Fish Farming Apiculture etc. 
• Loan Limit: Loan Limit: Min. NPR 0.5M. to Max. (Defined by structure/capacity of unit)
• Facility of prepayment:
  • No prepayment charge below NPR 5M.
  • For loan above NPR 5M, as per the guideline provided by Nepal Rastra Bank.
• Mode of payment: 
  • For Revolving nature: Interest payment (monthly or quarterly)
  • For Term Nature: Equal monthly installment or Equal Quarterly Installment.
• Maximum Tenure
  • For revolving nature: 1 year. However, can be fully repaid/settled or renewed on customer's request with payment of management fee.
  • For term loan: 15 years.
• Loan to Value Ratio: Maximum 80% of the Fair Market Value (FMV) of the property (Land or Land/Building)
• Eligible Age: 18 to 75 years (At the loan maturity).

  B) For Individual (Term):

• To invest for individuals engaged in agriculture activities like Agronomy, Livestock, Horticulture, Floriculture, Aquaculture/Fish Farming Apiculture etc. 
• Loan Limit: Loan Limit: Min. NPR 0.1M. to Max. NPR 1M.
• Facility of prepayment: No prepayment charge.
• Mode of payment: Equal Monthly Installment.
• Maximum Tenure: 15 years.
• Loan to Value Ratio: Maximum 80% of the Fair Market Value (FMV) of the property (Land or Land/Building)
• Eligible Age: 18 to 75 years (At the loan maturity).

Documentation Checklist:

• Citizenship of applicant and guarantors.
• Photographs (2 copies each)
• Relationship Certificate (wherever applicable)
• Marriage Certificate (if applicable)
• Bank (deposit & loan) account statement of at least 6 months
• Firm/Company Registration Certificate (if applicable)
• PAN/VAT Certificate (If applicable)
• Article of Association (AOA) and Memorandum of Association (MOA) (if applicable)
• Partnership Deed (if applicable)
• PAN Certificate of the individual (for Loan amount above NPR 5 million)
• Location Map (Residence & Office)
• Land Ownership Certificate (Lalpurja)
• Rajinama or Bakaspatra or Ansha-banda
• Blue Print and trace map
• Char Killa Pramanit
• Approved house map
• Nirman Sampanna Patra/Abhilekhikaran
• Salary certificate
• Rental agreement along with tenant’s identification (If any)
• Audited financials 
• Pension document
• Copy of renewed/valid blue book of commercial vehicle along with route permit (For commercial vehicle income)
• Salary certificate, work permit, valid passport with visa, pay slip and/or bank account statement (For foreign employment income)
• Latest tax paid receipt or tax clearance certificate for all income (where ever applicable).
• Document evidencing confirmation of admission and documents evidencing cost to be incurred for completion of course for education loan.