Caution

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.

Your immovable assets, like land & building, can provide you desired liquidity in times of need. BoB Mortgage Loans come with low interest rates and are disbursed in quick time.

ELIGIBILITY

  • Any individual who has fixed assets (land or (land & building)) with adequate proof of income.
  • Existing client – we may accept for extension of securities already charged with the Bank with enough margin of safety and source of repayment.

QUANTUM

50 – 60% of the value of securities or Nu. 500,000 whichever is lower with confirmed repayment source.

INTEREST RATE

Floating/Prevailing interest rate

TENURE

5 years maximum

CHECKLIST FOR MORTGAGE LOAN (FOR DOWNLOAD IN PDF)

  • Application form duly filled in and signed on all the pages (Full Signature).
  • Copy of valid Citizenship Identity (CID) of both the applicant and the guarantor as applicable.
  • One recent Pass Port size photograph of the applicant.
  • Ownership certificate(s) of the collateral security offered to bank.
  • Consent letter from the joint owner or co-owner if the collateral provided is in joint and co-ownership.
  • For family owned land, family (household) register issued by Department of Civil Registration and Census, MoHCA and NOC from family members (18 years and above) (if applicable).
  • CID COPIES OF WITNESS, INCASE OF TPG PROPERTY FOR FAMILY AND JOINT PROPERTIES, THE FAMILIY MEMBERS TO COME TO BANK AND SIGN, OR TO BE VERIFIED BY GUP
  • Valid insurance copy of the collateral securities charged in case of buildings.
  • Proof of income to service the loan – rental income/ BIT/ PIT/Salary Slip duly certified by the Department concerned.

Downloads / Links

Download Application Form