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October 03, 2017
NHFIL turns over a new page

May 11, 2017
NHFIL declared 18.00% Cash Dividend

April 11, 2017
National Housing signs MoU with ABC Real Estates Limited

April 04, 2017
Price Sensitive Information

March 18, 2017
Annual Business Conference of NHFIL

Group Home Loan

Dhaka is one of the costliest cities in South Asia. The price of land in Dhaka is far to reach of middle class and lower middle class people for their own home as shelter. Since it is almost beyond the means of being owner of a piece of land in Dhaka and other major cities individually for the above group of people, a trend has grown up recently to purchase a land in group to make their own shelter.

To make their Dream Home come true, National Housing may launch a new product named Group Financing to support their endeavor.

Target Groups
All salaried individual working in government, semi government, autonomous, govt. corporations and private organizations etc.
All professionals like Doctors, Engineers, Bankers, Chartered Accountants, Cost & Management Accountants, Chartered Secretaries and Teachers etc.
Self employed people along with salaried individuals
   
Criterion of the loan
In case of land purchase and construction: Loan amount will be 30% for land purchase and 70% for construction.
In case of construction: Loan amount will be up to 85% of the construction cost if the group already has the land.
Loan period will be up to 20 years depending on the age of the applicants (Not over 65 years).
IIR will be within 50% calculated on combined income of the applicants & Co-applicants.
Applicants & Co-applicants will provide security cheques for their share of loan.
Registered Partition Deed

Property will be mortgaged favoring National Housing.

All other terms will remain same as regular practices.

Loan will be disbursed in phases depending on the progress of the construction.