Muktinath Development Bank Launches Special Home Loan Scheme at Base Rate + 0.25% Interest
Muktinath Development Bank has launched a special home loan scheme at base rate + 0.25% targeting Dashain, Tihar, and Chhath festivals as well as the Nepal Land & Housing and Construction Expo 2026. The scheme will be effective until the end of Kartik 2083 and will be available through all 176 branches nationwide.
Kathmandu. Muktinath Development Bank has launched an attractive special home loan scheme for customers, targeting the Nepal Land & Housing and Construction Expo 2026 as well as the major Nepali festivals of Dashain, Tihar, and Chhath.
Under this scheme, customers can obtain loans for home construction, home purchase, and housing-related needs at a special interest rate of just base rate + 0.25 percent. Additionally, they can avail loan facilities up to a maximum of 70 percent of the property valuation, and up to a maximum of 80 percent in the case of a first home loan.
The bank has stated that this scheme has been introduced as a convenient and attractive financial opportunity for customers who wish to realize their dream of owning a home amid the festive excitement. The special home loan scheme will be effective until the end of Kartik 2083. After that period, the bank's prevailing interest rates and related loan terms will apply.
The bank believes that this scheme will help customers planning to build or purchase a home to obtain loan facilities at competitive interest rates. The bank has stated that it will provide this facility through all 176 branches across the country. Customers can contact their nearest branch to get further information about the scheme and the loan process.
Additionally, the bank has also introduced special schemes for auto loans and agriculture and SME business loans.