Shangri-la Hire Purchase Loan

Shangri-la Hire Purchase Loan (HP Loan) is a loan facility for the customers who are looking to purchase Commercial Vehicles or Heavy Equipment for the purpose of commercial use.

Apply Now arrow_right_alt
Finance and tenure
Upto

3.99 % financing

Tenure Upto

5 years

Loan Limit & Tenure

  • Maximum Limit upto NRs. 100,000,000.00 (Nepalese Rupees One Hundred Million only)
  • Minimum Limit NRs. 500,000.00 (Nepalese Rupees Five Hundred Thousand Only)
  • Up to 5 Years based on the requirement of customers

Repayment

  • Equal Monthly Installment (EMI) or Equal Quarterly Installment (EQI).

Eligibility

  • Employed professionals
  • Firm/Company

Documentation Required

  • Complete loan application form of the bank.

For Individual

  • Map of the applicant's residence/location  
  • Details of the guarantors
  • Copy of citizenship of applicant and the guarantors
  • Income source documents
  • Other related document as per requirement
  • Documents conforming the utilization for Mortgage loan

For Firm/Company

  • Copy of PAN & Registration certificate of Firm/Partnership/Company
  • Latest Tax Clearance certificate or Tax paid receipt
  • Share Lagat (For company)
  • Copy of Memorandum of Association & Article of Association
  • Documents relating to proprietor/partner/shareholders & guarantors

And other related legal/official documents as per the requirement of NRB.

*Condition applied

Everything you will need to get Shangri-la Hire Purchase Loan

Ready to open Shangri-la Hire Purchase Loan

The Process

  • Apply online

    Check that you’re eligible and what you need, then apply online.
  • Upload your documents

    Check that you’re eligible and what you need, then apply online.
  • Wait for approval

    Check that you’re eligible and what you need, then apply online.
  • Contact you nearest branch for further process

FAQ

Shangri-la Hire Purchase Loan explained

Find the answers to frequently asked questions here.

SDBL is a dream project of few innovative and motivated entrepreneurial minds rather than being just another bank in the crowd of financial institutions. Promoted by respected professionals, bankers, chartered accountants, doctors, engineers, businessmen, entrepreneurs, social workers, and other renowned personality of other fields with very good integrity and social standings.
arrow_upward