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


Maximum 50% of the market price.


CLICK HERE to view the Floating/Prevailing interest rate.


  • 10 years (permanent resident/green card holders)
  • 5 years (others)


  • 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 of applicant and guarantor (if applicable) if repayment is tied up with salary.
  • Appointment letter for applicant and guarantor (if applicable).
  • Trade confirmation Certificate from RSEB
  • 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.

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]
  • 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.