Vacant Land Loan
This loan allows you to buy residential plots in Nairobi and Mombasa.
What it offers you?
- Maximum loan term of 10 years
- Maximum loan amount of KSh20 million
- Finance for a maximum of 50% of the property’s value
- Competitive variable interest rates
- Arrangement fee is only 2% of the loan amount.
What you need to apply?
- Copy of your current pay slip/proof of income
- Copy of your employment contract (expatriates only)
- PIN certificate
- Certified copies of 12 months’ bank statements
- A letter of reference from your employer, an existing customer of the bank or other credible referees
- A copy of your identity card/valid passport
- For limited companies, we need two years’ audited statements.