Sunrise Bank Ltd.

Sunrise Sajilo Karja provides you an easy access to finance. You can use this fund in fulfilling your various social needs- from celebrating social/religious ceremonies like marriage, ‘Pasni’, ‘Bratabandha’ etc. to financing higher education, travelling, covering home refurbishment, acquiring consumer durables and meeting other personal needs.

Sunrise Sajilo Karja can be availed on a revolving or non-revolving basis.

Key Features

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