New Debt Service to Gross Income Ratio for Home Loan

Nishan Khadka

Dec. 3, 2024, 2:45 p.m.

Nepal Rastra Bank has eased the home loan through the third review of monetory policy of 2080/81. It has increased the debt service to Gross Income ratio (Monthly income and Equal Monthly Installment (EMI)) from 50% to 70% in home loan.

Now, the person is eligible for home loan up to 70% of the monthly income as EMI. The loan borrower should present the tax clearence certificate for this purpose.

This will be applicable after the circular issued by the Nepal Rastra Bank.