NIC Ghar Subidha (NGS):

"NIC Ghar Subidha" is a personal property-finance suite of products with unique features never before introduced in the Nepalese market. It is aimed at helping make it possible for every middle class Nepali family's dream of living in one's own house come true. With the low pricing and other features bundled in the product, a middle class family will not have to wait until retirement to fulfil its dream.

Purpose:

• Purchase of house/apartment/land
• Construction of house
• Renovation/extension of house
• Finance against own house/land
• Refinance of existing loans with other financial institutions.

Basic Features:

• Amount Rs. 0.5million to Rs. 15 million
• Loan Tenure: 2 years to 20 years
• Loan fee: 1%
• Repayment: Equated Monthly Instalments (EMI)

Interest rates:

Tenure	Re-finance of existing loans	New Loans
1st year	7.99% p.a.
Up to 5 years	9.49% p.a.	8.99% p.a.
Up to 10 years	10.49% p.a.	9.99% p.a.
Up to 15 years	10.99% p.a.	10.49% p.a.
Up to 20 years		10.99% p.a.