Plot Purchase

Own a plot today and grant yourself the opportunity to become a developer. This product enables you to purchase a plot of land for future construction or development for up to 70% financing of the selling price or value, whichever is lower.

Requirements for Employed Persons; ID/Passport copies

KRA PIN Copy
3 months' payslips
6 months' salary bank account statements
Letter from employer

Requirements For Self-Employed Customers

ID/Passport copies
KRA PIN Certificate
3 years' audited books of account
1 year bank statements
Certified copy of partnership deeds (for partnerships) and Rental schedules (for Landlords)

Features

Up to 70% financing of the selling price or value whichever is lower
Maximum loan term of up to 5 years .

Fees & Rates

Commitment Fee of 1.5%.
Valuation fee of approximately 0.5%.
Legal Fees of approximately 1-2%.
Stamp duty of 4%

Benefits

Affordable way to purchase plot
Availability of construction loans to develop the plot

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