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  • FOREX RATES

    UGX Buy 25.2083 Sell 33.2083 TZS Buy 18.4640 Sell 22.4640 AED Buy 29.1650 Sell 34.1650 SAR Buy 30.01 Sell 36.01 CNY Buy 14.33 Sell 22.33 ZAR Buy 4.00 Sell 10.00 JPY Buy 89.80 Sell 97.80 INR Buy 1.36 Sell 1.70 USD Buy 123.30 Sell 136.30 EUR Buy 130.06 Sell 140.06 GBP Buy 147.35 Sell 157.35
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    APPLY NOW

    I/we wish to open the following Account

    Land is one of the few assets that will always rise in value, so it would be ideal if everyone owned a piece of it. Sadly, not many of us can easily afford to buy a piece of land. That’s where we come in. We can help you to acquire land, and you can pay for it in up to 5 whole years!

    Details
    • This account helps customers to acquire land
    • Minimum deposit of 30% for urban areas and 40% for rural areas
    • Collateral is discounted at 70% for urban areas, 60% for rural areas and 50% for agricultural land
    • Shari’ah Contract: Diminishing Musharakah
    Benefits
    • Repayment period is up to 5 years
    • Free financial consultation
    Requirements
    • Employment Letter clearly stipulating the terms of engagement
    • Three most recent months’ payslips
    • Six months’ certified bank statements
    • Irrevocable salary assignment instructions
    • Facility application form
    • Sale agreements invoice, if applicable
    • Copy of ID and KRA PIN Certificate
    • Copy of Title deed