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.
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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.
