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Mahalaxmi Bikas Bank offers home loan at 7.99% interest rate for New Year 2082

The bank aims to maintain one of the most attractive and competitive rates in the banking sector through this New Year scheme.

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KATHMANDU: On the occasion of Nepali New Year 2082, Mahalaxmi Bikas Bank has announced a special home loan scheme, offering a highly competitive and single-digit interest rate of 7.99%.

According to the bank, this offer is designed to make home ownership more accessible and affordable for customers looking to purchase, construct, reconstruct, or buy apartments.

The bank aims to maintain one of the most attractive and competitive rates in the banking sector through this New Year scheme.

One unique aspect of the loan is its focus on environmentally friendly and sustainable development.

Eligibility for the loan requires that the property or project incorporates environmental features or utilizes renewable and sustainable resources.

The bank stated that this initiative is part of its commitment to environmental protection, promotion of sustainable development, and adherence to regulatory guidelines set by Nepal Rastra Bank, the central bank of Nepal.

Mahalaxmi Bikas Bank believes this move will not only support individual homeownership dreams but also contribute positively to the country’s broader environmental and sustainability goals.