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Commercial and Residential flat(s) available for rent in Thimphu.


Posted On   2019-06-21   |  flat

1. Eligibility Criteria to apply for Commercial Unit.

1 No. of Units 1
2 Applicant Bhutanese nationals with valid business license
3 Allotment Shall be done after undertaking due diligence.
4 Monthly Rent Nu. 8000/-
5 Occupancy From 1st July, 2019.

Documents required:

    • Application

    • Copy of business license

    • Copy of CID

    • Copy of CIB reports (Both Licensee and Business)

    • Copy of tenancy agreement with previous landlord.

Please note Restaurants, Bars and Liquor shop will not be accepted.

2. Eligibility Criteria to apply for NPPF Vacant Residential flat(s) at Thimphu.

1 Type of Flat Class II
2 No. of Unit(s) 1
3 Applicant Active PF members (PF joining date before 2000)
4 Grade 08-04
5 Applicant and/ or Spouse Not a tenant of Public Housing Unit
6 Allotment Shall be done on the basis of seniority in NPPF membership on July 1st 2019.
7 Monthly Rent Nu. 8925 only.
8 Occupancy w.e.f 1st August 2019.

Note:

  • Application form for residential flat, please click here

Applications along with required documents to be submitted to NPPF Real Estate Division Thimphu, before 29th June, 2019.

For further details, please contact NPPF Real Estate Division at 02-324140 or 77190028 during office hours.

Disclaimer: NPPF shall not be responsible for the disqualification of any application resulting from non-submission of full and complete documents within the application deadline.


 

Lending Rate

"Available during office hours"

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In line with RMA’s notification on the 3rd revision of MLR from 6.66% to 6.51% dated August 03, 2017, the National Pension and Provident Fund (NPPF) would like to inform that there is no change in the interest rates for member loan products. However, interest rate for corporate clients has been revised.

Revised Lending Rate
# Loan Product Tenor (Years) Current Rate
1 Education Loan 5 9.50%
10 9.70%
15 10.00%
2 Housing Loan (Commerical) 20 10.50%
3 Member Home Loan 20 9.0 % (fixed) and 8.0% (5-years reset)
4 Student Loan up to 15 8% during gestation 9% thereafter
5 Member Loan 5 8.5%
6 Flat Purchase 20 8.75% (fixed) and 7.75% (5-years reset)

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