Plot Purchase
Enjoy the ability to borrow funds for the investment of undeveloped land.
- Financing margins: 50% - 75%
- Maximum repayment period of 10 years
Requirements
For Individuals - Self Employed
- Business Registration Certificate
- Bank statements for the latest 12 months
- Books of accounts/cash flow statements
- Copy of ID or passport
- PIN certificate
- Two passport size photographs
- Valid Sale agreement
- Copy of title to property being purchased/charged (Minimum lease term 45 years) Tenancy agreements for rented property if any
For Individuals - Salaried Persons
- Loan application form duly filled
- Certified latest 3 months pay-slips certified by a Notary Public
- Certified Letter from employer confirming employment status certified by Notary Public
- Certified Bank statements for the latest 6 months certified by a Notary Public
- Copy of ID or passport and PIN certificate
- Appointment of Power of Attorney with Specific powers ( where applicable)
- One passport size photograph
- Sale agreement duly signed by both parties and witnessed by a lawyer
- Copy of title deed of property being charged
See also
Residential own occupation/Construction
Financing for purchase or construction of residences
