Land Loan! A New Service By Loan Now
This loan covers the purchase of land for the applicants. Any other charge is not covered.
- Tenure
- Maximum 18 months
- Target market
- Individual applicants and business entities including SMEs and companies
- Interest rate
- 30 percent for month one, thereafter building in 5 percent per month from month two until maturity
- Application fee
- K250
- Maximum amount
- K50,000
- Condition
- Paid directly to the seller
- Security
- Title deed to the purchased property
- GRZ employees – Pay slip (PMEC)
- Employees from reputable organisations for which we have an MOU – Pay slip
- Employees from institutions not listed above – Collateral
