Kissan Banking Sewa

A. BOK Kissan Karja

• The applicant should be a farmer.
• An individual with experience in farming/agriculture business and source of income generated from agricultural related activities will be preferred

B. BOK Kissan Sajilo Khetipati Karja

• Should be a Nepali Citizen.
• The applicant should be a farmer.

C. BOK Sugarcane Invoice Financing (Available only from Belauri branch)

• Applicant should be a Nepali Citizen.
• Sugarcane farmers recommended by Mahakali Sugar Industries Pvt. Ltd. (MSI)

A. BOK Kissan Karja

• Minimum age of the applicant - 18 Years.
• Maximum age of the applicant - 60 Years. Guarantor should be included for applicant’s age above 55 years up to 60 years. The guarantor should be from one-house family member of the Borrower and his/her age should not be over 55 years.

B. BOK Kissan Sajilo Khetipati Karja

• Minimum age of the applicant - 18 Years.
• Maximum age of the applicant - 65 Years. Guarantor should be included for applicant’s age above 55 years up to 60 years. The guarantor should be from one-house family member of the Borrower and his/her age should not be over 55 years.

C. BOK Sugarcane Invoice Financing (Available only from Belauri branch)

• Minimum age of the applicant - 18 Years.
• Maximum age of the applicant - 65 Years. Guarantor should be included for applicant’s age above 60 years up to 65 years. The guarantor should be from one-house family member of the Borrower and his/her age should not be over 55 years.

A. BOK Kissan Karja

• Minimum loan size - NPR 10,000/-
• Maximum loan size - NPR 400,000/-
• Maximum up to 80% of the cost of equipment/facility being financed, as applicable

B. BOK Kissan Sajilo Khetipati Karja

• Minimum loan size - NPR 50,000/-
• Maximum loan size - NPR 300,000/-

C. BOK Sugarcane Invoice Financing (Available only from Belauri branch)

• Maximum of NPR 300,000 or 75% of the invoice/receipt issued by MSI

A. BOK Kissan Karja

• Maximum up to 3 years
• In case of low cost housing construction, maximum up to 5 years.
• The loan is repayable on an Equated Monthly Installment (EMI) or Equated Quarterly Installment (EQI) basis.

B. BOK Kissan Sajilo Khetipati Karja

• Revolving, subject to periodic / annual review. However, the limit will be renewed only if outstanding is cleared at least once in the year from disbursal date.
• Interest payment should be made on every quarter end as per Nepali Calendar i.e. Ashwin end, Poush end, Chaitra end and Ashadh end.

C. BOK Sugarcane Invoice Financing (Available only from Belauri branch)

• Maximum 6 months.
• Interest payment should be made on every quarter end as per Nepali Calendar, i.e. Ashwin end, Poush end, Chaitra end and Ashadh end
• Principal (including due interest) to be paid in full on the due date.

A. BOK Kissan Karja

• Loan Application.
• Citizenship and photo of the applicant/guarantor.
• Location map of the applicant/guarantor’s residence.
• Pro-forma invoice of the product/equipment being financed.
• Lal Purja, four boundary certificate, revenue receipt and other applicable documents of the property offered as collateral.
• Document issued by government offices i.e. Land revenue office/municipalities/VDCs substantiating value of property.
• Estimation of the approximate income of the applicant.
• In case of low cost housing financing, the estimated cost of construction along with valid documents relating to the property such as title deed, four boundary certificate, trace map, drawing of housing to be constructed, housing construction permission letter from competent authority, latest revenue receipt of land or land and building should be obtained.

B. BOK Kissan Sajilo Khetipati Karja

• Loan Application.
• Photograph and citizenship of the applicant / guarantor.
• Location map of the applicant’s / guarantor’s residence
• Details of property being offered as collateral.
• Title Deed, four boundary certificate, trace map, revenue receipt of land or land and building offered as collateral.
• A document issued by an appropriate government office i.e. Land Revenue Office /Municipality / VDC indicating value of the property being offered as security. The value should cover at least 100% of the loan amount.
• . Historical/ projected / self-declared income details, as applicable.
• Proof of the income from other sources, where applicable.
• Document/statement evidencing experience of the Owner, Guarantor or Key Person, as applicable
• The recommendation letter from local government office and or partner institution indicating the farming land and the value of input requirement.

C. BOK Sugarcane Invoice Financing (Available only from Belauri branch)

• Loan Application.
• Citizenship and photograph of the applicant / guarantor, as applicable.
• Location map of the applicant and guarantor, as applicable.
• Invoice/receipt of the sugarcane purchase issued by MSI
• Recommendation letter from MSI clearly mentioning the recommended loan amount.