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Purpose
Purchase of land, purchase
house, construct house,
reschedule outstanding balance
from other banks
Features
Margin of
financing |
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Up to 100% FSV of the
property or maximum of
BND500,000.00, whichever is
lower
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Payment
Period |
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Maximum 25 years or up to
the retirement age,
whichever is earlier
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Financing Rate |
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Eligibility |
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Applicant must be 18 years
and not exceeding the
retirement age at the end of
payment period
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Brunei citizen
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A permanent employee in any
of the following:
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Government Sector
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Selected Private Sectors
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Earning a minimum fixed
income of BND600.00 per
month
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Takaful
coverage |
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Mortgage Takaful Plan
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House Owner Takaful
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Documents required
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Completed Property financing
application form
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A copy of applicant’s
identity card
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Original copy of applicant’s
latest salary slip
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Latest employer's
confirmation letter
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Land title deed
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S&P agreement between
applicant & landowner or
Letter of Offering from
developer (if applicable)
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Approved house plan (if
applicable)
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Firmed contractor’s
quotation / construction
agreement (if applicable)
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Property valuation report
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Latest 3 months bank
statements (if applicable)
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Latest certificate of
balance and/or latest
clearance letter (if
applicable)
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Payment
method |
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Assignment of Salary to
Perbadanan Tabung Amanah
Islam Brunei
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Benefits |
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Syariah compliance
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Selling price – fixed and
known
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Competitive rate
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Takaful coverage
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