The loan under this category shall be appraised and sanctioned against satisfactory collateral & guarantee based on the following product features;
- Eligibility: Household owners and any individual having registered land ownership.
- Construction of new house;
- Maintenance/renovation of house such as roofing etc.;
- Improvement of water and sanitation facilities (toilet, water supply etc.);
- Rate of Interest: As may be prescribed from time to time based on the institution’s cost of fund and regulatory norms.
- Tenor: Maximum of 10 years.
- Quantum: Maximum of Nu.500,000.00 (five hundred thousand).