Introduction
The House improvement loan is to help the clients on raising standard of living, Improvement of environment, fulfilling future need of future generation and enhancing financial inclusion.
Purpose
Standardization of Society
Lending terms
Eligibility Criteria
- Citizens and residents of Afghanistan (male/female).
- 18 – 65 years’ old
- Should have a running business or employees both with regular monthly income.
- Provide valid NID or passport.
- Title deed should be by the name of client.
Loan Currency: AFN
Minimum amount of the loan: 50,000
Maximum amount of the loan: 500,000
Loan term:
- Minimum 6 months
- Maximum 36 months
Grace period: N/A
Service fee: 1%
Repayment frequency: Monthly