
Land Acquisition Loans
Whether you require financing to acquire a piece of land for residential or commercial development, we offer Land Acquisition Loans at attractive interest rates and flexible repayment terms.
Land Acquisition Loans
As a Member, you are eligible to:
- Financing of up to 100% of the value of the property
- Interest rates at 10% per annum on a reducing balance basis
- Up to 15 years to repay the Loan
Conditions
Please note that eligibility is also subject to:
- 20% cash collateral frozen from borrower’s shares and/or savings accounts
- Proof of monthly salary or income
- One or two guarantors
- Pledge of assets or mortgage of property
For more information on the terms & conditions of this product, please contact us or pay us a visit at any one of our branches.