Loan Schemes – Druk PNB Bank Ltd.

COMMERCIAL HOUSING LOAN

• Purpose:
  Construction or purchase of house/building/apartment strictly for the purpose of generating a profit, either from business activity, resale of property or rental or lease income.

  For repair : loan shall be permitted after the first 5 years of occupancy or 5 years from the last period of repair.

• Rate of interest: 9.50%

• Security
  Mortgage of property for which finance is being given.
• LTV:

Up to Nu.50.00 Mn         80%

Above Nu.50.00 Mn       70%

• LTI: can go upto 100%
• Repayment period: 30 years excluding gestation period.

Disbursement
For outright purchase of house/ flat, the loan amount will be paid in lumpsum to the sellers savings account along with borrower’s margin.
For house/ flat under construction, the loan amount to be disbursed in phase wise manner along with borrower’s equity depending upon the progress of the construction.

HOME LOAN

For construction / repair /purchase of house / apartment for one-unit personal dwelling.
For repair: loan shall be permitted after the first 5 years of occupancy or 5 years from the last period of repair.

• Rate of Interest: 8.00%
• Security

For construction / repair /purchase of house / apartment for one-unit personal dwelling.For repair: loan shall be permitted after the first 5 years of occupancy or 5 years from the last period of repair.

Mortgage of property for which finance is being given.

• Loan limit: Nu.10.00 Mn
• LTV: 90%
• LTI: 70%
• Term: 30years excluding gestation period.

Disbursement

For outright purchase of house/ flat, the loan amount will be paid in lumpsum to the sellers savings account along with borrower’s margin.
For house/ flat under construction, the loan amount to be disbursed in phase wise manner along with borrower’s equity depending upon the progress of the construction.

Download Application form for Housing Loan