Flexible housing construction facility for you to fulfill your housing needs while earning additional income to service the facility
You could obtain a Home Construction Loan for a variety of purposes:
Interest will vary depending on the agreed loan tenor (Excluding grace period)
In addition, 0.5% of the Loan amount as an Arrangement Fee with maximum MVR 25,000/- and borrower needs to bear the cost of all insurance policies, legal and valuation fees
You can obtain to finance the construction of apartment building and earn additional income from renting out other floors while occupying and service the Bank Loan
Terms & conditions apply
Product information and terms & conditions are subject to change from time to time.
Therefore, it is advisable to contact the Bank for the latest information and prevailing terms & conditions.