Loans : Loans

Pokhara Finance Limited offers various types of products to meet the demand of customers at attractive interest rate with no hidden charges. Available products are customized as per the need of customers.

Following loan products are available for customers at competitive interest rate;

Personal Home Loan

  • House construction
  • Readymade house purchase
  • Renovation and extension of House
  • Refinance from existing bank
  • Maximum loan amount NPR 10m
  • Facility of prepayment at nominal charge
  • Mode of payment equal monthly installment
  • Maximum tenor 15 years

Housing Loan

  • Purchase of land
  • Refinance from existing bank
  • Facility of prepayment at nominal charge
  • Mode of payment equal monthly installment
  • Maximum tenor 15 years.

Mortgage Loan

  • To repay personal borrowings, personal household expenses or any other purpose acceptable to the Company.
  • Refinance from existing bank
  • Maximum loan amount NPR 5m
  • Facility of prepayment at nominal charge
  • Mode of payment equal monthly installment
  • Maximum tenor 10 years

Personal Loan

  • To repay personal borrowings, personal household expenses or any other purpose acceptable to the Company
  • Refinance from existing bank
  • Maximum loan amount NPR 10m
  • No prepayment charge
  • Interest payment (monthly/quarterly)
  • Can be extended/renewed after expiry

Personal Term Loan

  • To repay personal borrowings, personal household expenses or any other purpose acceptable to the Company
  • Salaried individuals and individual having regular source of income, substantiated by bank's statement
  • No collateral required
  • PAN card mandatory
  • Maximum loan amount NPR 1.5m
  • No prepayment charge
  • Mode of payment equal monthly installment
  • Maximum tenor 5 years

Hire Purchase Loan

  • To finance new private and commercial vehicles
  • To finance used private and commercial vehicles
  • To finance two wheelers
  • Equipment financing
  • Maximum 90% financing
  • Refinance from existing bank
  • Maximum loan amount NPR 10m
  • Facility of prepayment at nominal charge
  • Mode of payment equal monthly installment
  • Maximum tenor 7 years

Deprived Sector Loan (Individual)

Generally this type of loan is extended to invest in small income generating business/micro hydro project/Solar Home System/Solar Cooker/Solar Dyer/Solar Pump/Biogas/Improved Water Mill/Improved Cooking Stoves/Wind Energy, construction of Cold Storage/purchase of   urea/irrigation/shallow tube well installation/foreign employment, animal husbandry/bee keeping/fish farming etc.

Deprived Sector Loan (Wholesale)

Generally this type of loan is extended to invest in Development Banks, Rural Development Banks, Rural Cooperatives which are registered as financial intermediaries engaged in micro credit activities. To invest in equity participation in Development Banks engaged in micro credit activities.

POFIL Share Loan

POFIL Share loan is specially designed to get instant cash against the securities of listed shares of Public Ltd. companies. Customers can get cash within a short period of time with simple documentation and processing. POFIL finances up to maximum of 70% of the market value of the share

Business/Industrial (Term Loan)

A structured form of borrowing intended to finance specific transactions, usually specific assets and the funding requirements. These are intended for financing longer term borrowing requirements.

Business/Industrial (Working Capital Loan)

A structured form of borrowing intended for financing of short term working capital requirements. Principal once repaid cannot be withdrawn throughout the period of the facility. It can be renewed after maturity upon serving the interest.