If you receive any calls (except from BoB Contact Center when you have lodged a concern with them +975 2 349903), SMS and Email asking for personal details such as Account number or ATM Card number, please do not share. Bank of Bhutan will never ask for personal details of clients. It’s all spam.

Notification on ATM Withdrawal Charge

All customers are requested to note that cash withdrawals from other bank’s ATM machines are chargeable @Nu 9/- per withdrawal transaction from the sixth transaction onwards, and is recovered at each month end. This is a common charge across banks and as mandated by the Central Bank.


  • All Bhutanese residing in a third country with sufficient repayment capacity.


  • Commercial housing loan: 80% of building estimates and 70% of building estimates which exceed 50 million.
  • Non-commercial (home) loan: 90% of building estimates.
  • For renovation: 50% of the renovation cost.
  • Takeover loan:  Loan Outstanding with other Financial Institutions (FIs).


CLICK HERE to view the Floating/Prevailing interest rate.


30 years


  • Application form duly filled in and signed on all the pages (Full Signature).
  • CID copy of the applicant and guarantor if applicable.
  • One recent passport size photo of the applicant.
  • Salary slip/ Tax certificate/Bank statement (from any FIs to justify income) of applicant and guarantor (if applicable).
  • Appointment letter for applicant and guarantor (if applicable).
  • Power of Attorney (POA) to execute the loan documents. POA should be issued to a family member.
  • A copy of a family tree generated within past one month at the time of application submission to authenticate whether the guarantor/individual to whom Power of Attorney (POA) is issued is a family member or not. A family tree should also be submitted, if the property is family-owned, along with a copy of the No Objection Certificate (NOC) from family members aged 18 years and above.

Additional for construction of commercial building/residential house

  • Approved drawing plan of the building and a copy of approval letter for construction from concerned authority.
  • Expected rental income for new construction (for commercial building).

Computation of LTI

  • For computation of LTI, the combined salary of the spouse or family member (children) shall be considered.  However, children must be of legal age.
  • Multiple income sources shall be considered.

General Terms and Condition

  • Email the duly filled loan form and other required documents to the Bank at [email protected]
  • The land rate shall be based on the prevailing valuation of the Bank/common land rate.
  • The seller should stand as a guarantor until the completion of the transfer of ownership (for purchase of fixed assets).
  • Original documents should be mailed to CRM, Loan Section at Thimphu Main Branch, BoB.
  • Power of Attorney (POA) given by the rightful owner for execution of loan documents may be accepted only in case of people residing outside Bhutan/unable to present themselves in the Bank. However, it should be witnessed by a person having a good track record with the bank. For acceptance of POA, refer to the following Guidelines on issuance of Power of Attorney by the client.
  • POA issued by an Individual has to be special or Limited POA issued for one-time financial or banking transaction;
  •  POA issued by an individual has to be issued to a family member(Transaction pertaining execution of Legal documents, agreements);
  • An Individual issuing a POA to a person has to specify the purpose for which the POA has been issued. The POA issuer has to fill up Bank’s POA form witnessed by a Bank’s client having a good track record.