Plot Purchase

Is a plot purchase loan facility for customer seeking financing to purchase a portion of land where no building exists.


  • Flexible financing upto 85%
  • Flexible repayment term of upto 10 years
  • Competitive Interest rates



  • Low contribution hence less financial stress in the onset.
  • Competitive interest rates.
  • Comprehensive Plot owner’s Life, fire & house insurance cover.
  • Long tenors to make repayments easier for you.
  • National bank accelerated payments which enables customer to pay off loan sooner than stipulated in construction loan agreement.
  • Access to dedicated mortgage specialists.


Rates / Pricing

  1. Appraisal fee – 1% of loan amount.
  2. Legal fees – based on Advocates remuneration order
  3. Insurance (Life & Fire) – 0.5% of Mortgage cover
  4. Debit income ratio – 65% of net disposable income
  5. Interest rate – 15.45% on reducing balance