Estate Development Loan

Suitable for real estate developer or a prospective estate developer looking for a solid financing partner with competitive rates and flexible repayment terms

Benefits

  • Loan financing of up to 70% value of construction component with a repayment period of up to 24 months.
  • Access to Urugo Rwawe Developers Club.
  • Access to a dedicated corporate relationship manager.
  • Link to various corporates with special schemes for staff to facilitate faster sale of houses.
  • Link to KCB Website to showcase your property for sale.
  • Access to a dedicated corporate relationship manager.
  • Access to all other KCB banking products (e.g. Overdrafts, credit cards, current, savings and investment accounts)

Standard Requirements

  • Proof that you can meet the 30% financing and other related costs e.g. Notary fees, valuation report, insurance payment, transfer fees, registration fees, etc.
  • Proof of income.

Rates & Fees

  • Negotiable interest rates.
  • Appraisal Fee-2% of loan amount.
  • Valuation fee.
  • Ledger Fee- RWF 1,000 per month.
  • Transfer fees.


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