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Loan limit for construction and purchase of private residential homes increased

SPIL
Nepal Life

Kathmandu. Nepal Rastra Bank (NRB) has increased the loan limit for construction and purchase of private residential houses.

Announcing the annual monetary policy for the upcoming fiscal year today, Governor Bishwanath Poudel said that the limit of such loans has been increased. Now the limit of such loans has been increased by Rs 20 million to Rs 30 million.

Esewa
Crest

Similarly, through the monetary policy, the Rastra Bank has fixed the home purchase and construction loan price ratio at 80 percent and others at 70 percent.

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