Global Green Home Loan

Overview

Global Green Home Loan empowers you to make a meaningful impact while embracing a sustainable lifestyle.

Benefits:

Reduced Carbon Footprint: Eco-friendly homes are crafted to use less energy and minimize waste. By choosing a sustainable home, you’ll contribute to a cleaner, greener planet.
Competitive Rates: Our home loan options are both affordable and eco-conscious, helping you make sustainable living a reality.
Your Dream Home Awaits: You don’t have to sacrifice your vision of the perfect home. With Global Green Home Loan, you can own a beautiful residence that’s also kind to the environment.

Purpose of Green Home Loan

Construction of Eco-Friendly Houses/Buildings.
Purchase of eco-friendly individual houses.
Upgrade, renovation, extension of existing buildings.
Purchase of individual flats/apartments in green certified buildings.

Note: Any other residential buildings that has been certified green and/or energy efficient building by the government, any other national or international standard certification shall automatically qualify under Global Green Home Loan Scheme.

Features

Tenure of upto 30 years

7.99% for 7 years and BR+ 2% thereafter

Branches available nationwide, spanning across all 77 districts

Free mobile/internet banking (for first year)

50% discount on annual locker charge (for first year).

Free Credit card issuance fee (for first year)

Quick Approval Process

Eligibility

For being eligible as green / eco-friendly home, the building/apartments should meet at least any 6 out of 9 requirements as mentioned below:

Water conservation (At least one of the measures needs to be applied).
- Rainwater harvesting system (roof/non roof)
- Ground water recharge
- Wastewater treatment and reuse of treated water to meet the disposal/reuse application standards
Solar Water Heating system (At least one of the measures to be applied)
- Provision of Solar Water Heater (minimum of 150 litres)
- Provision of Solar Heating/Cooling system
Rooftop Solar Power System
- Provision of Solar PV (minimum of 500 Watt)
Waste Management (At least two of the measures needs to be applied, out of which second is mandatory)
- Provision of waste segregation (organic and inorganic waste)
- Provision of designed septic tank
- Provision of resource recovery facility (composting or biogas)
Double Glazed windows (Should be applied to a minimum of 50% or more of windows)
- Use of Double Glazed Units (DGU) (i.e. Low-E glass, reflective glass) or use of triple glazed window
Building Envelope (Insulation) (Both measures should be applied)
- Wall with Rat trap bond/cavity wall/perforated bricks/wall with insulation (should be applied to a minimum of 80% or all external walls)
- Roof with insulation (Should be applied to minimum of 80% or all exposed surfaces)
Natural Lighting and Ventilation (Provision of openable windows and daylight in habitable spaces)
- Natural Ventilation
  - Minimum 1/6 of the floor area need to be openable (For warm temperate and temperate regions)
  - Minimum of 1/16 of floor area need to be openable (For cold and cold temperate regions)
  - Natural Daylight
  - Minimum 1/10 of room area (For temperate regions)
  - Minimum 1/8 of the room area (For temperate and warm temperate regions)
  - Window to wall ratio (WWR) should not exceed 40% of each façade.
Shadings:
- Use of external movable shading system for at least east and west windows and windows with at least 450mm horizontal shades in south.
Green Space (At least one measures should be applied)
- At least 10% of the total site area needs to be permeable
- Provision of 50% of roof area covered with green roof
Nepalese citizens above 21 years of age at the time the loan is originated and whose maximum age at loan maturity will not exceed 70 years.
Spouse, father, mother, brother, sister, or other family members (living in a single family) will also be eligible as applicants with a personal guarantee.
Sufficient income source to repay the loan obligation.
The residential property being financed must be acceptable collateral to the bank.