Zimbabwe
Home Improvement
Bring the gloss back into your home. Our Home Improvement loan lets you renovate your house into a home.
Some of the benefits
Flexible
Flexible terms and conditions
Partnership
Strategic partnerships with suppliers of building materials
Support
Our home loans team is available to give you 24 hour service.
Peace of mind
Enjoy peace of mind with a roof over your head
Terms and conditions
- Confirmation letter from employer.
- For loan entitlement and interest rates, please contact Stanbic Bank.
- Interest rates may be changed for both existing and new loans depending on the economic conditions or prevailing laws.
- All mortgaged properties must have Title deeds.
- Interested members should open a Current Account as per the Bank’s requirements for the purposes of loan disbursements and repayments or salary credits.
- A first mortgage bond over an urban immovable property shall be used as security.
- Mortgage protection insurance through Stanbic is compulsory.
- Property insurance is compulsory.
- No Deposit required.
- A duly completed STANBIC Home Loan Application Form.
- Copy of Title Deed.
- Certified copy of Identification Document (Max age at loan maturity 60 years).
- Personal Balance Sheet.
How much it costs
The borrower should have funds to meet the following costs
- Stamp Duty +/- 3%
- Sundries
- Bond registration costs +/- 4% of bond value
- Valuation fees Up to 1% of loan approved
- Facility / Establishment fees 2% once off
- Application fees
- Loan Protection
- Property Insurance
How to get it
- Visit any Stanbic Bank branch near you.
What you get
The 20 year plan assists you with the following :
- Extensions
- Completion
- Boreholes
- Driveways
- Swimming pools
- Geysers and solar power
- General property improvements
-
Terms and conditions
-
How much it costs
-
How to get it
-
What you get
- Confirmation letter from employer.
- For loan entitlement and interest rates, please contact Stanbic Bank.
- Interest rates may be changed for both existing and new loans depending on the economic conditions or prevailing laws.
- All mortgaged properties must have Title deeds.
- Interested members should open a Current Account as per the Bank’s requirements for the purposes of loan disbursements and repayments or salary credits.
- A first mortgage bond over an urban immovable property shall be used as security.
- Mortgage protection insurance through Stanbic is compulsory.
- Property insurance is compulsory.
- No Deposit required.
- A duly completed STANBIC Home Loan Application Form.
- Copy of Title Deed.
- Certified copy of Identification Document (Max age at loan maturity 60 years).
- Personal Balance Sheet.
The borrower should have funds to meet the following costs
- Stamp Duty +/- 3%
- Sundries
- Bond registration costs +/- 4% of bond value
- Valuation fees Up to 1% of loan approved
- Facility / Establishment fees 2% once off
- Application fees
- Loan Protection
- Property Insurance
- Visit any Stanbic Bank branch near you.
The 20 year plan assists you with the following :
- Extensions
- Completion
- Boreholes
- Driveways
- Swimming pools
- Geysers and solar power
- General property improvements