Products
Housing Loans
Introduction
SDF offers you hassle-free loan services with the sole intention of providing a home of your own. This product is specially designed for low-income and mid-income earners who will not be able to provide income evidence such as carpenters, state workers, etc.
SDF caters to a wide range of clientele from micro-entrepreneurs to small and medium enterprises hence we have flexible policies to support different housing loan requests. Further salaried borrowers are encouraged to apply for SDF housing loans as they will be evaluated based on their gross income (including fixed allowances).
A housing loan could be obtained for different purposes such as,
• Purchase an existing house
• To Construct a house
• To Purchase a bare land to construct a house for residential purposes
• To Complete construction of a partially-built house
• Renovate or modify your existing house
Benefits and Features
• Fast-tracked approval process.
• Loan can be requested for the purchase of a property/ Construction or renovation of an existing house.
• Loan amount can be considered up to 50% of BOQ value (for constructions) and up to 50% of the forced sale value of the property (Purchase of property).
• Can be repaid over a span of 5 years
• Attractive interest rates
• 365 days of support services provided by our loan officers spread throughout an extensive network of 56 branches across the country.
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