US DOLLAR 1 Buying 108.60 Selling 109.20
GB POUND 1 Buying 133.21 Selling 134.90
SWISS FRANC 1 Buying 107.68 Selling 108.77
AUSTRALIAN DOLLAR 1 Buying 82.03 Selling 82.86
CANADIAN DOLLAR 1 Buying 81.30 Selling 82.12
SINGAPORE DOLLAR 1 Buying 75.89 Selling 76.66
HONGKONG DOLLAR 1 Buying 13.94 Selling 14.08
JAPANESE YEN 10 Buying 9.44 Selling 9.61
EURO 1 Buying 115.49 Selling 116.66
CHINESE RENMINBI 1 Buying 15.74 Selling 15.90
THAI BHAT 1 Buying 3.06 Selling 3.09
KOREAN WON 10 Buying 0.91 Selling 0.93
SAUDI RIYAL 1 Buying 28.83 Selling 29.12
QATARI RIYAL 1 Buying 29.70 Selling 30.00
Why wait for your rents every month, when you can get instant encashment up to 80% of your future rent with EBL property plus! This scheme has been specially designed keeping in mind the property owners of large commercial/residential buildings. As a measure to improve liquidity and enchance prospects for better use of money for our customers, we are providing loans against future lease rentals under this unique scheme.
|Eligibility||Property owners having their properties ( situated in urban areas of Kathmandu / Pokhara/Birgunj/Biratnagar and others ) let out such properties to Government/Semi-Government and reputed corporates, Banks, Financial Institution, Insurance Companies, Multi National Companies, NGO's/INGO's and Embassy Officials.|
|Purpose||To meet business of personal needs.|
|Amount of Loan||Maximum 80% of the future lease rentals which should not exceed the amount of rent receivals within unexpired period of deed/lease deed or 3 years whichever is less.|
|Interest Rates||Competitive rate|
|Security||Assignment of Lease Rentals
Registered mortgage of immovable property to the extent of 125% of the proposed loan
Personal guarantee of the borrower and the mortgage provider.
|Disbursement||The loan amount will be disbursed on:
Assignment of lease rentals
Registered mortgaged of immovable property
Extention of Tripartite agreement
|Repayment Options||Loan with interest is to be repaid in equated monthly installments in 36 months or the remaining period of lease whichever is earlier.
The quaterly interest is to be paid within one week of the close of the quarter.
Loan application form can be obtained from any of our branches(Valley Branches, Biratnagar & Birgunj)
Incase of default in repayment of loan installment, the borrower shall be liable to pay interest@2% p.a. over and above the applicable rate on the amount of default and for the period of default.
Incase of continuous or total default of 3 monthly installments, the Bank shall have the right to recall the total outstanding loan.
Borrower shall ensure that the mortgaged property is fully insured against fire, riots and other hazards as required by the Bank.