Personal Loan

A dream vacation, home renovation or a perfect wedding, you no longer need to wait to fulfil your dreams. Make your dreams come true with Bank of Bhutan Personal Loans. Get a step closer to fulfilling your dreams by availing personal loans and complete your financial needs

Eligibility

Existing customers having adequate immovable assets with reliable source of income.

Quantum

60% of the value of securities or max Nu.500,000/- whichever is lower.

Interest Rate

15% (Floating)

Tenure

3 months to 1 year

Personal Documents

  • Copy of CID of both the applicant and the guarantor

  • One recent Passport size photograph of the applicant

  • Ownership certificates of collateral security offered to bank

  • Property valuation/assessment certificates for collateral securities

  • Copy of valid Insurance Policy for building offered as collateral

  • Copy of business license in case the loan is to be serviced from business earnings

  • Stamped and witnessed Letter of Consent for extension of charges duly signed by the property owner

  • Proof of income to service the loan–verified rental income by way of rental receipts, BIT, etc.