Campaign Title

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8.00% pa

interest rate

Residential and rental
Variable Interest Rate8.00% pa
CRR B8.50% pa
CRR C9.00% pa
Minimum Amount$5,000 
DepositVariable according to loan size but not less than 10% of total cost
SecurityThe house and to include a mortgage on land where house is to be built. Other assets as security.
Maximum Term in YearsMaximum terms of 12 years, but shorter term is better.  
Repayment percentage SDNormally by salary deduction with 50% salary deduction allowed, 60% can be considered depending on total salary and other reliab
FeesCan be charged to account.
DisbursementDirect to supplier or contractor
Quotation of costsThere must be two quotations from two different builders or contractors, for more realistic estimates.

Applicants considered under this Sector should be:

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