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This is how collateral is evaluated in Nepal

Mandatory collateral is required when taking a loan from a bank. Banks have been keeping property collateral with customers to secure their loans. The customer can mortgage the house or land as collateral. Loans can also be taken from some banks by pledging shares and gold and silver. In terms of house construction, the fair […]

Land area and Distance Measurement Units used in Nepal

THE KOS IS AN ANCIENT UNIT OF DISTANCE MEASUREMENT THAT HAS BEEN IN USE FOR OVER THREE THOUSAND YEARS In Nepal we use different units for measurement of land. In hilly regions we use Ropani-Ana-Paisa-Dam system while in Southern parts i.e. In Terai region we use Bhigha-Kattha-Dhur system. Here are the full list of measurement […]

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