Home Loans

Flexible housing and financing schemes to suit your needs.

The Essentials

No minimum loan amount
Loans should be for purchase or construction of residential property or refinancing of other Bank Facilities
Loan Repayment within 10 years
Maximum Grace period of 1 year
Use savings from Pension Fund to Finance Equity
A floating primary mortgage bond over the property being financed by the Bank to be obtained to secure the facility

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Interest Rate and Charges

9.5% p.a – 12.00% p.a
0.5% of the Loan amount as an Arrangement Fee
Borrower needs to bear the cost of all insurance policies, legal and valuation fees

Benefits of a Home Loan

Whether you are buying first property, land or condominium and for construction purpose of your home
Options for refinancing loans granted by other Banks for your housing needs
Flexible financing schemes over long

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.

The Essentials

The minimum loan amount will be MVR 500,000/- while maximum amount of a loan would be MVR 20,000,000/-
Maximum Grace period of 1 year
20% of equity contribution.
Use savings from Pension Fund to Finance Equity.

READY TO GET STARTED?

Apply Now

Home Loans

The Essentials

READY TO GET STARTED?

Interest Rate and Charges

Benefits of a Home Loan

The Essentials

READY TO GET STARTED?

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Commercial Bank of Maldives

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