Real Estate Finance (House finance)

Real Estate Finance (House finance)

Basis for pricing Fixed rate for different tenures
Financing limit Up to 200,000 (USD)  
Finance tenure Up to 5 Years

Security / Collateral Requirements:

  1. Original Copy of Title Deed (Qabala of Immovable Property) or any collateral acceptable for Bank
  2. Properties are mortgaged in Bank’s favour.
  3. Up to 30% of the total cost as down payment if the property itself
  4. Terminal benefit (Pension) as cash Security (Salaried Individuals)

Guarantee:

  1. Personal guarantee by 1-2 Gov. Employees. “Salaried Individuals”
  2. 2   companies or business entities or any other Guarantee acceptable for the Bank for Self Employed.

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Currency Selling Buying
USD 68.70 67.50
EUR 77.72 74.12
GBP 88.31 83.51
Last Updaed : Jun-22- 2017