The home of your dreams can now be yours with Bank of Bhutan Housing Loans. Enjoy facilities like maximum possible loan amount, long repayment tenure and easy on the wallet EMIs. Now, build your dream home without facing any financial hardship.
ELIGIBILITY
- All Bhutanese Nationals with sufficient collateral and repayment source.
QUANTUM
- Commercial housing loan: 80% of building estimates and 70% of building estimates which exceed 50 million.
- Non-commercial (home) loan: 90% of building estimates.
- For renovation: 50% of the renovation cost.
- Takeover loan: Loan Outstanding with other FIS.
INTEREST RATE
CLICK HERE to view the Floating/Prevailing interest rate.
TENURE
40 years
CHECKLIST
- Application form duly filled by the applicant OR Digital Application in BoBLoan and LOS;
- Proof of identity for an applicant and the guarantor;
- Approved drawing plan of the building and a copy of construction approval letter from concerned authority;
- Ownership certificate(s) of the property offered to the bank;
- Consent letter from the joint owner if the mortgage provided is joint ownership;
- For family-owned land a copy of family tree and No Objection letter (NOL) from family members (18 years and above);
- Sale Deed agreement in case of purchase of already constructed building/flat;
- Valid Building insurance copy for already constructed building;
- Proof of income to service the loan repayment (for already constructed building/flat); and
- Power of Attorney (POA) only in case of people residing outside Bhutan/unable to present themselves in the Bank.