Global Green Home Loan

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.

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