Housing Loan shall be provided for the purpose of construction/repair/purchase of house/building/apartment strictly for the purpose of generating income, either from business activity, resale of property or rental or lease income.
- Purpose/Objectives: The Loan aims at financing to best meet your individual investment needs in construction & repairs of house/building and purchase of flats strictly for the purpose for generating profit.
- Eligibility: should be a current NPPF member
- Security: Land and building that is being financed.
||Financing Limit (Loan to collateral value)
|Up to Nu. 50 million
|More than Nu. 50 million
- Interest Rate: 10.5% p.a.
- Tenure: 20 years.
- Repayment: The repayment of the loan must be meet from 100 % of the rental income.
- Document required. Click here.