Our dream home is never far away!
Get hassle free home loans from uab bank to turn your dream home into reality. We assist you to realize your dream home.
uab Home Loan scheme is available for:
- Purchase of houses, condos and apartments
- Acquistion of land and construction of houses
- Renovations to house, condos and apartments
Avail your Housing Loan from us at flexible terms and conditions .
- Repayment period up to 15 years.
- Repayable on monthly installments ,
- Repayment Holiday- Max up to 6 months , in case of construction/ renovation of the house .
- Individuals having permanent source of income such as employees , business men , professional etc.
- Loan amount up to 70% of the project cost of the construction/ purchase
- The Loan eligibility will be adjusted to ensure that total Monthly instalments from all loans (uab plus other banks) should not exceed 1/3 of gross monthly salary / monthly income as per proof given.
- Minimum monthly income: MMK 1,000,000
Mortgage of land/house/apartments/Condo to be purchased/ constructed/renovated
- Documents Required at the time of Application
a) Loan application for Housing loan
b) KYC documents of borrower & Guarantors
c) Salary certificate/Certificate from employer ( in case of employees)
d) Income proof, such as Income Tax return , Balance sheet , account statement etc ( in case of applicants other than employees)
e) Details of property to be constructed/purchased
f) Stage wise construction cost details, in case of construction/renovation of house etc.