Mahalaxmi Green Home Loan
Special Features:
- Annual Interest Rate: Just 8.99%
- Quick and hassle-free application process
Green Home Loan Eligibility:
A Green Home Loan can be granted for the following purposes:
- Construction of New Buildings or Apartments with sustainable energy and resource features, such as:
- Water-Based Energy
- Wastewater Treatment
- Wind Energy
- Solar Energy
- Biological Energy
- Agriculture and Forest-Based Resources
- Other renewable energy-based resources
- Purchase of Properties (House, Building, or Apartments) that already incorporate renewable resource features.
- Renovation, Refurbishing, or Extension of an existing residential building, using renewable or sustainable resources.
- Equity Financing for a Green Home Loan.
- Housing Loan Swap from other BFIs for properties that have been constructed with or intend to use renewable or sustainable resources.
- Advance Financing for construction/renovation (up to 20% of the estimated cost).
Loan Limit:
- Minimum Loan Limit: NPR 500,000 (Five Hundred Thousand Rupees only)
- Maximum Loan Limit: NPR 20,000,000 (Twenty Million Rupees only)
Loan Tenure:
- Minimum Tenure: 2 years
- Maximum Tenure: Up to 30 years
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