What is a Landed property Loan?
Landed property loan is a term loan product where the security for the loan is a property owned by the borrower. Available to business entities and individuals.
Features of the Landed Property:
- Landed property with a habitable structure on it or cash held in a fixed deposit can be used as security.
- Value of loan ranges from K100,000-K3,000,000.
- Loan Tenor/ loan repayment period from 6 month up to 48 months.