Personal Loans
We have been providing finance for the purchase of large and small consumer products. Today the total outstanding portfolio stands at Nu.245,266,802.36 as of 01/10/2007.

• Application Fee: Nu.100/- for every application
• Valuation Fee: As per Engineer's inspection report (Maximum Nu.5000/-)
• Interest rate: 15% p.a.
• Repayment: Monthly
• Maximum term: 5 Years
• Penalty rate: 5%

• A Bhutanese citizen
• Own immovable assets such as land and building
• Own movable assets such as vehicle and equipments (acceptable model within 5 years)
• Against gold and jewelry
• Ownership certificate (3 months validity)
• Insurance of Assets
• Sound source of repayment
• Trade license where necessary
• Loan will be sanctioned at 50% to 60% on collateral value

Credit Process:
Step 1: Fill application form available at BNBL offices. The form should be supported with all documents prescribed under the Eligibility Criteria and other documents such as copy of identity card and two passport size photographs.


Step 2: With Step 1 documents, you will be required to approach the Credit Officer to review your documents and discuss your proposal.The engineering division will assist in determining your collateral value.


Step 3: On acceptance of your proposal, Loan clearance from other Financial Institution Viz. BOB, BDFC, NPPF and RICB will be sought. The maximum period for obtaining loan clearance is one week after which we commence our loan appraisal to the loan committee. Following the above, the actual appraisal and approval time would take half a day at the maximum. The loan committee consists Credit Officer, Legal Officer, Dy. Credit Head, Credit Head,Dy. Managing Director and the Managing Director.



To download Loan Aplication Form click below: