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Banks invest over Rs 5.75 trillion in residential personal home loans

SPIL
Nepal Life

Kathmandu. Banks in the current fiscal year 2083. As of August 2018, more than Rs 5.75 trillion has been invested in residential personal home loans.

According to the data released by the Nepal Rastra Bank, banks invested Rs 481.68 billion in the current fiscal year. In the previous fiscal year 2082. In the same period of 83 years, banks had disbursed loans worth Rs 427.36 billion. In this way, residential personal home loan disbursement has increased by 12.71 percent.

Esewa
Crest

Nepal Rastra Bank (NRB) has set a provision for an individual to invest up to Rs 20 million in residential personal home loan.

Similarly, till August of the current financial year, banks have disbursed loans of Rs 270.72 billion in real estate. This is 0.29 percent less than the same period last year. In the same period last year, banks had invested Rs 271.50 billion in real estate.

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