Subsidized Loan

Subsidized Loan

NIBL Subsidized Loan

NIBL offers various credit facilities for promoting agro and livestock business, creating employment opportunities within the country for unemployed youths, promoting women entrepreneurship, uplifting marginalized community, to educate and uplift economically challenged segment of the society as well as to uplift the textile industries of the county. This scheme is developed in line with Nepal Rastra Bank, unified Procedure for Interest Subsidy for Subsidized Loan – 2075.

Product Features:

  1. Commercial Agriculture and Livestock Loan

Eligibility Criteria

 Nepalese citizen / Firm / Company owned / promoted by Nepalese citizen.

 Age minimum 18 years and maximum not exceeding 60 years.

Loan Limit

Up to NPR 1.00 million – Individual / Firm / Company

Above NPR 1.00 million upto NPR 10.00 million – Firm / Company.

Above NPR 10.00 million – Company

Loan Type

Term Loan / Working Capital Loan

Tenure

Maximum 5 years

Repayment

EMI / EQI basis or at maturity

Interest Rate

Base Rate plus 2.00% premium (Interest subsidy of 5.00%)

 

  1. Literate Youth Self Employment Loan:

Eligibility Criteria

Having minimum Bachelor degree or equivalent degree

Loan Limit

Upto NPR 0.70 million

Loan Type

Term Loan

Tenure

Maximum 5 years

Repayment

EMI / EQI basis

Interest Rate

Base Rate plus 2.00% premium (Interest subsidy of 5.00%)

 

  1. Foreign Return Youth Project Loan

Eligibility Criteria

Nepalese citizenship holder those who have worked for at least 6 months in foreign land

Loan Limit

Upto NPR 1.00 million

Loan Type

Term Loan

Tenure

Maximum 5 years

Repayment

EMI / EQI basis

Interest Rate

Base Rate plus 2.00% premium (Interest subsidy of 5.00%)

 

  1. Women Entrepreneur Loan

Eligibility Criteria

Female, individual / Firm or Company fully owned / promoted by Nepalese women

Loan Limit

Upto NPR 1.50 million

Loan Type

Term Loan / Working Capital Loan

Tenure

Maximum 5 years

Repayment

EMI / EQI basis

Interest Rate

Base Rate plus 2.00% premium (Interest subsidy of 6.00%)

 

  1. Marginalized Community Business Development Loan

Eligibility Criteria

Marginalized community duly certified by Government authority

Nepalese Firm or company fully owned / promoted by marginalized community

Loan Limit

NPR 1.00 million

Loan Type

Term Loan

Tenure

Maximum 5 years

Repayment

EMI / EQI basis

Interest Rate

Base Rate plus 2.00% premium (Interest subsidy of 5.00%)

 

  1. Higher Technical and Vocational Educational Loan

Eligibility Criteria

Nepalese citizenship holder having Certificate of Secondary level or equivalent educational degree

Loan Limit

NPR 0.50 million

Loan Type

Term Loan

Tenure

Maximum 5 years

Repayment

EMI / EQI basis

Interest Rate

Base Rate plus 2.00% premium (Interest subsidy of 5.00%)

 

  1. Earthquake Victim Residential Construction Loan

Eligibility Criteria

The loan will be provided to only those earthquake victims whose houses have been destroyed in the earthquake beyond habitation and none of their family members have any other house to live in

Loan Limit

NPR 0.30 million

Loan Type

Term Loan

Tenure

Maximum 5 years

Repayment

EMI / EQI basis

Interest Rate

Base Rate plus 2.00% premium (Interest subsidy of 5.00%)

 

  1. Textile Industries Loan

Eligibility Criteria

Nepalese firm / Company with VAT registration with Tax clearance certificate

Loan Limit

Upto NPR 50.00 million

Loan Type

Term Loan / Working Capital Loan

Tenure

Maximum 5 years

Repayment

EMI / EQI basis or at maturity

Interest Rate

Base Rate plus 2.00% premium (Interest subsidy of 5.00%)

 

  1. Higher Technical and Vocational Training Loan

Loan Limit

Upto NPR 0.20 million

Loan Type

Term Loan

Tenure

Maximum 5 years

Repayment

EMI / EQI basis

Interest Rate

Base Rate plus 2.00% premium (Interest subsidy of 5.00%)