This is a long term loan that is intended to finance the purchase of a plot. The lending could be for outright purchase of a plot which serves as security or collateral for the loan.
Interest rates are fixed depending on prevailing market conditions
The plot purchased serves as collateral.
Personal contribution usually 30% of the purchase value.
We have extended the term to 15 years which means you can afford the plot you desire at more flexible terms.
The monthly repayments are fixed which means you do not have to worry about your monthly budget.
If you have a BK mortgage you are also eligible to get a top up extended to 15 years at the same monthly installment
you automatically ualify for our credit card which means you don’t have to go through another assessment.
