Search

Century Commercial Bank Ltd. provides Agriculture and Deprived Sector Loan to its needy individual as well as institutional customer. Bank has designed and developed customer and project friendly loan products with suitable terms and conditions so that customer can entertain loan services. Bank has offered wide range of loan products including interest subsidized loans in sectors and targeted groups as defined and directed by government and Central Bank of Nepal (NRB).   

1. Flexi Loan Agriculture: Small Loan designed to cater the financing requirement of small farmers/low income group having small loan requirement related to agriculture financing.

Special Feature:

  • Quick processing time.
  • Competitive interest rate.
  • Flexible Loan Tenure: Maximum 10 years
  • Financing: Maximum up to NPR 2.0 million

Eligibility Criteria:

  • Individual farmer dealing in agriculture activities. 
  • Nepali citizens Minimum of 21 years completed and Maximum 75 years or retirement age on loan maturity (age of co-borrower can be considered)

Documents Required:

  • Copy of Citizenship Certificate and 2 copies of passport size photos of applicants/ collateral owner and personal guarantors.
  • Copy of Land ownership certificate (lalpurja) of the land showing residence of the individual borrower/family, if any
  • Lal Purja, Tiro Tireko Rasid, Char Killa certificate, Land Map (Blueprint and trace).
  • Copy of Building Naksa Pass (from VDC or Municipality)
  • Property Tax Clearance Certificate (from VDC or Municipality)
  • Approval of construction, approved house map and construction completion certificate (as appropriate)
  • Copy of PAN card if applicable.

Income Type

Required Documentation

Agriculture Income

Land ownership certificate & agriculture income declared by local authority

2. Flexi Deprived Sector Lending under Agriculture (Direct Lending)

Small Loan designed to cater the financing requirement of small farmers/low income group falling into deprived category.

Special Feature:

  • Quick processing time.
  • Base rate +2%
  • Flexible Loan Tenure: Maximum 10 years
  • Financing: Maximum up to NPR 1.5 million

Eligibility Criteria:

  • Individual farmer dealing in agriculture activities. 
  • Nepali citizens Minimum of 21 years completed and Maximum 75 years or retirement age on loan maturity (age of co-borrower can be considered)

Documents:

  • Copy of Citizenship Certificate and 2 copies of passport size photos of applicants/ collateral owner and personal guarantors.
  • Copy of Land ownership certificate (lalpurja) of the land showing residence of the individual borrower/family, if any
  • Lal Purja, Tiro Tireko Rasid, Char Killa certificate, Land Map (Blueprint and trace).
  • Copy of Building Naksa Pass (from VDC or Municipality)
  • Property Tax Clearance Certificate (from VDC or Municipality)
  • Approval of construction, approved house map and construction completion certificate (as appropriate)
  • Copy of PAN card if applicable.

Income Type

Required Documentation

Agriculture Income

Land ownership certificate & agriculture income declared by local authority

3. Micro Small and Medium Enterprises Loan (MSME) under Agriculture & Deprived Sector

MSME designed to cater the financing requirement of Micro, Small enterprises and business development units.

Special Feature:

  • Quick processing time.
  • Base rate +1.5-3.5%
  • Flexible Loan Tenure: Maximum 15 years
  • Financing: Maximum up to NPR 2.0 million

Eligibility Criteria:

  • Nepali citizen
  • Registered Business unit established or newly registered
  • Small entrepreneur dealing in small enterprise/business.
  • Entrepreneur dealing in agriculture activities.
  • Age- Minimum of 18 years completed and Maximum 75 years or retirement age on loan maturity (age of proprietor/partner/shareholder to be considered)

Documents:

  • Copy of Citizenship Certificate and 2 copies of passport size photos of applicants/ collateral owner and personal guarantors.
  • Copy of Land ownership certificate (lalpurja) of the land showing residence of the individual borrower/family, if any
  • Lal Purja, Tiro Tireko Rasid, Char Killa certificate, Land Map (Blueprint and trace).
  • Copy of Building Naksa Pass (from VDC or Municipality)
  • Property Tax Clearance Certificate (from VDC or Municipality)
  • Approval of construction, approved house map and construction completion certificate (as appropriate)
  • Copy of PAN card if applicable.

Income Type

Required Documentation

Business Income

Loan application form, duly filled and signed by the applicant (borrower).

Copy of citizenship certificate and 2 passport size photograph of the applicant and guarantor, Multiple

Net worth details of the applicant and guarantor, as applicable.

Document(s) of Income of the borrower, borrower’s family members, and guarantor, as applicable.

Firm/company/Co-operative registration documents

PAN Certificates.

Financial Statement with three year projection as applicable

Projection report business plan for new business.

4. Tractor Financing (Under Deprive Sector Lending)

Financing agriculture tool and equipment such as Tractor, Power Triller, Thresher, Cultivator etc for small agriculture farmers for agriculture as well as rental purpose for secondary use.

Special Feature:

  • Quick processing time.
  • Competitive interest rate.
  • Flexible Loan Tenure: Maximum 10 years
  • Up-to 70% financing (Condition Apply)
  • Financing: Maximum up to NPR 1.0 Million

Eligibility Criteria:

  • Individual farmer dealing in agriculture activities. 
  • Nepali citizens Minimum of 18 years completed and Maximum 70 years or retirement age on loan maturity (age of co-borrower can be considered)

Documents Required:

  • Copy of Citizenship Certificate and 2 copies of passport size photos of applicants/ collateral owner and personal guarantors.
  • Copy of Land ownership certificate (lalpurja) of the land showing residence/agriculture land of the individual borrower/family, if any
  • Lal Purja, Tiro Tireko Rasid, Char Killa certificate, Land Map (Blueprint and trace) if land is to be mortgage.
  • Copy of Building Naksa Pass (from VDC or Municipality) where ever necessary
  • Property Tax Clearance Certificate (from VDC or Municipality) where ever necessary
  • Approval of construction, approved house map and construction completion certificate (as appropriate) where ever necessary
  • Buy Back Guarantee incase of agreement under Buy Back Guarantee scheme.

Income Type

Required Documentation

Agriculture Income

Land ownership certificate & agriculture income declared by local authority or self declare income from rent of tractor

5. Boat Financing (Under Deprive Sector Lending)

Financing for water boat and other tools/equipment/machine to cater the need of individual dealing in self employment opportunity by operating/owning boat for income generation  

Special Feature:

  • Quick processing time.
  • Competitive interest rate.
  • Flexible Loan Tenure: Maximum 5 years
  • Financing: Maximum up to NPR 5 lakh

Eligibility Criteria:

  • Boat operating permission letter from local boy/local committee (Taal dunga byabasayee samitee)
  • Nepali citizens Minimum of 18 years completed and Maximum 70 years or retirement age on loan maturity .

Documents Required:

  • Copy of Citizenship Certificate and 2 copies of passport size photos of applicants/ collateral owner and personal guarantors.
  • Copy of Land ownership certificate (lalpurja) of the land showing residence/agriculture land of the individual borrower/family, if any
  • Lal Purja, Tiro Tireko Rasid, Char Killa certificate, Land Map (Blueprint and trace) if land is to be mortgage.
  • Copy of Building Naksa Pass (from VDC or Municipality) where ever necessary
  • Property Tax Clearance Certificate (from VDC or Municipality) where ever necessary
  • Approval of construction, approved house map and construction completion certificate (as appropriate) where ever necessary
  • Guarantee from Local committee of boat association.
  • Group Guarantee wherever necessary.

Income Type

Required Documentation

Boat  Income

Land ownership certificate/ income declared by local authority or self declare income from boat operation.

6. Agriculture Loan and Livestock Loan:

Agriculture finance is related to provide credit facilities on activities related to agriculture and livestock with concentration in modernization, commercialization and contributing in value chain activities of agriculture sector.

Special Feature:

  • Quick processing time.
  • Competitive interest rate.
  • Flexible Loan Tenure: Maximum 15 years based on nature of agriculture products.

Eligibility Criteria:

  • Firm /company/co-operative dealing in agriculture activities. 
  • Nepali citizens Minimum of 18 years completed and Maximum 75 years or retirement age on loan maturity (age of co-borrower can be considered)

Documents Required:

  • Copy of Citizenship Certificate and 2 copies of passport size photos of applicants/ collateral owner and personal guarantors.
  • Copy of Land ownership certificate (lalpurja) of the land showing residence/agriculture land of the individual borrower/family, if any
  • Lal Purja, Tiro Tireko Rasid, Char Killa certificate, Land Map (Blueprint and trace)
  • Copy of Building Naksa Pass (from VDC or Municipality) where ever necessary
  • Property Tax Clearance Certificate (from VDC or Municipality) where ever necessary
  • Approval of construction, approved house map and construction completion certificate (as appropriate) where ever necessary
  • Copy of PAN card if applicable.

Income Type

Required Documentation

Business Income

Loan application form, duly filled and signed by the applicant (borrower).

Copy of citizenship certificate and 2 passport size photograph of the applicant and guarantor, Multiple

Net worth details of the applicant and guarantor, as applicable.

Document(s) of Income of the borrower, borrower’s family members, and guarantor, as applicable.

Firm/company/Co-operative registration documents

PAN Certificates.

Financial Statement with three-year projection as applicable

   Projection report business plan for new business.

7. Commercial Agriculture & Livestock Loan (Under Interest Subsidy):

Financing for commercial agriculture and livestock under interest subsidy as laid down by Nepal Rastra Bank.

Special Feature:

  • Quick processing time.
  • Base rate +0-2%
  • Flexible Loan Tenure: Maximum 15 years based on nature of agriculture products.
  • 5% Subsidy as per NRB for loan size of maximum 50 Million

Sector under “Commerical Agriculture and Livestock” for interest subsidy

  • Vegetable production, processing , storage/warehousing and sales and distribution
  • Vegetable seeds production, processing , storage/warehousing and sales and distribution
  • Forest related enterprises, nursery and horticulture.
  • Commercial Livestock’s.
  • Ostrich, Turkey, Duck’s raising/breeding their meat processing, egg storage warehousing and sales and distribution.
  • Fruits production, processing, storage/warehousing and sales and distribution
  • Milk production, processing  and sales and distribution
  • Fishery raising/production, storage/warehousing and sales and distribution
  • Mushroom production, processing , storage/warehousing and sales and distribution
  • Slaughter house, meat processing unit, storage/warehousing and sales and distribution
  • Herbs/Medical Herbs production, processing, storage/warehousing and sales and distribution
  • Sugarcane, Coffee, Tea, Cardamom, Ginger, etc production, processing, storage/warehousing and sales and distribution
  • Bee keeping enterprises.
  • Buckwheat, Barley production, processing and sales and distribution
  • Organic fertilizers.
  • Domestic Feed industry

Eligibility Criteria:

  • Individual farmer and firm /company/co-operative dealing in agriculture activities. 
  • Nepali citizens Minimum of 18 years completed and Maximum 70 years or retirement age on loan maturity (age of co-borrower can be considered)

Documents Required:

  • Copy of Citizenship Certificate and 2 copies of passport size photos of applicants/ collateral owner and personal guarantors.
  • Copy of Land ownership certificate (lalpurja) of the land showing residence/agriculture land of the individual borrower/family, if any
  • Lal Purja, Tiro Tireko Rasid, Char Killa certificate, Land Map (Blueprint and trace)
  • Copy of Building Naksa Pass (from VDC or Municipality) where ever necessary
  • Property Tax Clearance Certificate (from VDC or Municipality) where ever necessary
  • Approval of construction, approved house map and construction completion certificate (as appropriate) where ever necessary
  • Business plan/ detail plan indicating quantitative and qualitative information
  • Copy of PAN card.
  • Group Guarantee details for loan under Group Guarantee

Income Type

Required Documentation

Business Income

Firm Registration Certificate

Tax/Vat Registration certificate

Last 2 years financials, and year to date financial for current year, acceptable to Bank for established business and minimum three years projection.

Details of new project in hand and acceptable cash flow for New Business Unit

Tax clearance certificate

Agriculture Income

Land ownership certificate & agriculture income declared by local authority.

 

8.         Other Interest Subsidy loan as per NRB directives.

  • Century Educated Youth Self Employment Loan
  • Century Returnee migrant worker youth project loan
  • Century Women Entrepreneur Loan (Mahila Udhaymi)
  • Century Business Development Loan for Under privilege community.
  • Century Higher or Technical & Business Educational Loan
  • Century Housing Loan for Earthquake Victim.

 

Contact No.: 01-4445062/4412579 Ext. No: 322 and 452