The loan under this category shall be appraised and sanctioned against satisfactory collateral & guarantee based on the following product features;

  1. Eligibility: Household owners and any individual having registered land ownership.
  2. Purpose:
  1. Construction of new house;
  2. Maintenance/renovation of house such as roofing etc.;
  3. Improvement of water and sanitation facilities (toilet, water supply etc.);
  1. Rate of Interest: As may be prescribed from time to time based on the institution’s cost of fund and regulatory norms.
  2. Tenor: Maximum of 10 years.
  3. Quantum: Maximum of Nu.500,000.00 (five hundred thousand).