THE MONEY BANK

NOTE:This is a Dumy Profile created only for Demonstration purposes only... Mortgage Finance and Home Improvement Loan Targeting Salaried employees & high net worth customers who want to buy property or improve existing property. (within city /town boundaries) Product Attributes/ Features: How does the product work -Max Dependent on financial capacity of the customer and up to 85% of market value of the property offered as security, -Repayment amount not to exceed 35% of salary/income -Customer to contribute 15% of the purchase price -Maximum repayment period of 240 months Benefits to the Customer/user -Beats inflation -Pricing is low with minimum interest rate at RBM reference rate +6.1% pa -Can be repaid before expiry at no costs Costs to access the product -Minimum interest rate at RBM reference rate +6.1% pa -Processing fees apply -Professional, Stamping and registrations fees How to access product -Available to the Money Bank account holders in confirmed employment or business -Business applications to be considered based financial strength -Fill a credit application form -Submit latest payslip -Submit letter of undertaking from employer -Copy of title document -Sale agreement or offer letter -Copy of valuation report -Sketch map -Bills of quantities required on home improvement Terms and conditions -Customer to provide evidence of payment of city and ground rates -House to be insured with Bank interest noted -Bank to register a caution and charge before advancing funds -Customer to provide for repayment