Muktinath Bikas Bank Signs MoU with Karma Residencies for Home Loan Facility
Summary
Muktinath Bikas Bank has signed an MoU with Karma Residencies to offer home loan facilities for customers buying residential and apartment units in Maharajgunj. The loans will be available for up to 30 years at the bank’s base rate plus a 0.25% premium, subject to lending criteria and due diligence.
Key Points
- Muktinath Bikas Bank and Karma Residencies signed an MoU to provide home loan facilities for property buyers in Maharajgunj.
- Eligible customers can borrow at the bank’s prevailing base rate plus a 0.25% premium for up to 30 years.
- Loan approvals will depend on credit assessment, property valuation, legal and technical due diligence, and bank policy.
