Land purchase loan
If land is your investment of choice, you can become a land owner with the right financing.
Have you identified land to buy or would you like to buy land? Get up-to 80% financing to purchase land from reputable property developers. It can be possible to finance your goal to become a landowner with the Land Purchase Loan.
Some of the benefits
80% Financing
With a 10% deposit, get the funds you need to buy land and pay back with flexible repayment periods.
Tailor-made loans
Get a loan that matches your cash flow and unique borrowing needs
Support on loan processing
Dedicated Home loans department that will support you through-out the loan application process and beyond
Insurance on the loan
With our home loans, you get access to affordable insurance from our trusted partners.
What you get
- Best interest rates on the market
- Big loan amounts up to Ugx 300 Million
- Adjustable repayments
- Enjoy no penalty charges on faster repayments
- Insurance (no liability in case of incapacitation or death)
- Access services from a dedicated Home loans department that will offer support through-out the process
- Linkage to reputable property developers
What it costs
- Legal fees:
- Stamp duty on transfer 1.5% of value (only applicable at title transfer during buying of land)
- Stamp duty on mortgage 0.5% of loan amount.
- Related registration costs.
- Lawyer’s professional fees.
- Bank loan arrangement fees:
- 1% of loan amount.
- Property valuation:
- Professional fees of 0.25% of value.
- Value Added Tax.
- Boundary opening fees.
- Credit Life insurance.
See full pricing guide
How to get it
Click on 'Apply now' to express interest in the loan or contact our home loans department at [email protected]
- Must open an account with Stanbic bank.
- Must be earning some money (salary/Self-employed/Rental or all the three)
- You must be a Ugandan citizen either living in Uganda or diaspora.
- For non-Ugandans, you must be living in Uganda with valid residency permit and or work permit.
- You should earn a minimum net monthly income of Ugx 300,000.
- Must be 21 years or older (but not older than 65 years on expiration of the loan).
- You must have a satisfactory credit bureau report.
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What you get
-
What it costs
-
How to get it
- Best interest rates on the market
- Big loan amounts up to Ugx 300 Million
- Adjustable repayments
- Enjoy no penalty charges on faster repayments
- Insurance (no liability in case of incapacitation or death)
- Access services from a dedicated Home loans department that will offer support through-out the process
- Linkage to reputable property developers
- Legal fees:
- Stamp duty on transfer 1.5% of value (only applicable at title transfer during buying of land)
- Stamp duty on mortgage 0.5% of loan amount.
- Related registration costs.
- Lawyer’s professional fees.
- Bank loan arrangement fees:
- 1% of loan amount.
- Property valuation:
- Professional fees of 0.25% of value.
- Value Added Tax.
- Boundary opening fees.
- Credit Life insurance.
See full pricing guide
Click on 'Apply now' to express interest in the loan or contact our home loans department at [email protected]
- Must open an account with Stanbic bank.
- Must be earning some money (salary/Self-employed/Rental or all the three)
- You must be a Ugandan citizen either living in Uganda or diaspora.
- For non-Ugandans, you must be living in Uganda with valid residency permit and or work permit.
- You should earn a minimum net monthly income of Ugx 300,000.
- Must be 21 years or older (but not older than 65 years on expiration of the loan).
- You must have a satisfactory credit bureau report.
We also offer
Home Insurance
A sudden incident to your home can wipe all your life savings, but we’ve got you back. Protect your home right from the gate to your perimeter fence, house and property within it from loss and damage due to thieves, malicious neighbours, blunders by domestic servants, and acts of nature like floods and earthquakes.
Everyday Account
A current bank account that allows you to transact whenever you want without monthly charges.
Educare Savings and Insurance Account
Save towards a target amount for your children’s education or for a specific need and receive a high interest on your savings from the bank. You automatically receive life insurance to cover your target savings amount in case of death or permanent disability.
Fixed Deposit Account
Invest your money for a fixed period of time and earn a guaranteed specified interest . You can neither withdraw nor deposit on that account until the time period elapses.