Home loan
9.75%
Residential-Home/Renovation/Flat purchase
Planning to own a home is one of life’s most rewarding challenges. If you wish to build a home/ buy a flat, T Bank has right home loan scheme for you.
Eligibility
- Any individual who desires to construct home/purchase flat for or to renovate their home for their dwelling.
Quantum
- 90% of the cost or maximum amount of Nu. 10.00 million
Tenure
- Maximum term of 30 years excluding gestation period.
Documents Required
- Loan application form dully filled and signed on all the page.
- Guarantor form dully filled and signed on all the page, if applicable.
- Citizenship Identity (CID) copy of the applicant and guarantor.
- Copy of ownership certificates of collateral
- No objection certificate from immediate family members (18 years and above) to avail loan and construct building in his / her name if the land has joint ownership.
- Sale Deed agreement in case of purchase of readymade building / flat.
- Latest Pay Slip of the applicant if repayment is tied up with borrower’s salary income.
- Approved drawing plan of the building and a copy of approval letter for construction/renovation.
- Proof of income to service the loan – verified income by way of rental receipts, BIT, etc.
- Any individual who desires to construct home/purchase flat for or to renovate their home for their dwelling.
- 90% of the cost or maximum amount of Nu. 10.00 million
- Maximum term of 30 years excluding gestation period.
- Loan application form dully filled and signed on all the page.
- Guarantor form dully filled and signed on all the page, if applicable.
- Citizenship Identity (CID) copy of the applicant and guarantor.
- Copy of ownership certificates of collateral
- No objection certificate from immediate family members (18 years and above) to avail loan and construct building in his / her name if the land has joint ownership.
- Sale Deed agreement in case of purchase of readymade building / flat.
- Latest Pay Slip of the applicant if repayment is tied up with borrower’s salary income.
- Approved drawing plan of the building and a copy of approval letter for construction/renovation.
- Proof of income to service the loan – verified income by way of rental receipts, BIT, etc.
