Share Mortgage Loans: 18% Increase in Demand

Banking Khabar/ Recently, the demand for share mortgage loans has started to increase. According to the data published by the Nepal Rastra Bank in the last fiscal year 2080/81, in one year, banks and financial institutions have provided loans of 90 arba 9 crore 32 lakh rupees. Which is 18.1 percent more than the previous year. Last year, at the end of Ashadh, 76 arba 30 crore 83 rupees of share mortgage loans were disbursed.

According to the data made public by the National Bank, share mortgage loans above 1 crore  rupees have increased by 25.1 percent. By Ashadh 2081, loans above 1 crore rupees have reached 55 arba 93 crore 2 lakh rupees. At the end of Ahadh 2080, loans above 1 crore rupees were 44 arba 71 crore 61 lakh rupees.

Similarly, till Ashadh 2081, the share mortgage loans ranging from 50 lakh rupees to 1 crore rupees have reached 12 arba 42 crore 77 lakh rupees. At the end of Ashadh 2080, such loans were 11 arba 77 crore 45 lakh rupees.

In the year under review, share mortgage loans ranging from 25 lakh rupees to 50 lakh rupees increased by 12.8 percent to 14 arba 42 crore 31 lakh rupees. Last year, such loans were 12 arba 78 crore 19 lakh rupees.

According to the data, share mortgage loans below 25 lakh rupees have increased by 3.9 percent. In the year under review, the loan of this range has reached 7 arba 31 crore 23 lakh rupees. Last year, 7 arba 3 crore 59 lakh rupees were disbursed.