Diminishing Musharakah – Home Financing

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Finance your housing requirements with diminishing Musharakah
KEY FEATURES

Purchase of a House
  • 80% of the Force Sale Value (FSV) per selling price (whichever is lower) for salaried segment & 70% for self-employed.
Home Extension & Improvements
  • Receive financing subject to a maximum of 75% of Bill of Quantity (BOQ).
Land Purchase Loan
  • Obtain financing to purchase land, subject to a maximum of 70% of FSV the bank’s valuation of the property
Other Benefits
  • No guarantors required
  • Mortgage on the financing asset
  • Insurance on the financing asset
  • Special benefits from NDB Registered Apartment projects
  • Flexible repayment tenure up to 25 years (subject to retirement age)
  • Tailor-made repayment options to suit your needs