KATHMANDU, July 23: Nepal Rastra Bank (NRB) has introduced a progressive monetary policy for the current financial year 2023/24, aiming to support the construction of houses for individuals and families.
As part of this policy, the bank has substantially increased the housing loan limit by five million rupees.
Related story
Sebon raises margin loan limit to 70 percent from 50 percent
Under the new guidelines, prospective homeowners can now avail themselves of a loan of up to 20 million rupees from the bank for building their dream homes. This represents a significant enhancement compared to the earlier loan limit of 15 million rupees, making it more convenient for individuals seeking housing loans.
