Particulars

Sunrise Sajilo Karja- Revolving (Overdraft)

Sunrise Sajilo Karja- Non Revolving (Term Loan) 

Loan Limit

• NPR 0.1 – 5 Million

• NPR 0.3 – 15 Million

Eligibility

• All Nepalese citizen having reliable and steady source of income
• Monthly disposable Income (net saving after all expenses before interest) should be greater or equal to 1.5 times of monthly interest

• All Nepalese citizen having reliable and steady source of income
• Monthly disposable Income (net saving after all expenses before EMI) should be greater or equal to 1.5 times of  EMI

Security

• Fixed Asset Collateral (Land or Land & Building)

• Fixed Asset Collateral (Land or Land & Building)

Security Coverage Requirement

• For loan less than NPR 5 Million: 130% in Distress Value(DV)
• For loan greater or equal to NPR 5 Million:
•  40% of Fair Market Value of Fixed Asset Collateral (inside valley)
• 50% of Fair Market Value of Fixed Asset Collateral (outside valley)

Repayment

• Principal repayable on maturity
• Interest payable on monthly/quarterly basis

• Equated Monthly Installment (EMI)

Tenure

• 1 year.  Can be renewed on an annual basis.

• 8 years