There are four types of credit facility under LAMP and they are:
Types of LAMP | Facility Type | Minimum Loan Limit | Maximum Loan Limit |
NIC ASIA Home Loan Overdraft | Overdraft Loan | NPR 0.4 Million | NPR 5 million - Single Limit/ Group Limit Exposure |
NIC ASIA Home Equity Loan | Term Loan and Overdraft/ Demand Loan | NPR 0.4 million | NPR 80 million- Single Limit NPR 120 million- Group Limit Exposure |
NIC ASIA Residential Home Loan | Term Loan | NPR 0.4 Million | NPR 15 Million- Single Limit |
NIC ASIA Easy Home Equity Loan | Overdraft Loan or. Mix of Term Loan and Overdraft Loan | NPR 0.1 Million | NPR 1.5 Mio (including group exposure) |