IZB Ultimate Housing Loan

You dream of a home. We’ll make it a reality with our home loan options. Move into a new space with us.

  • Salaried employees with Government/Semi-Government Institutions, Corporate and reputable business houses.
  • Professionals such as Doctors, Accountants, Lawyers etc.
  • Self employed people with proven regular income.
  • Outright purchase, construction of new houses and renovation, extension of existing houses.
  • Minimum 20% of the project cos​t.
  • Repayment period not exceeding 120 months. The repayment period not to exceed the left over service period in case of salaried       employees. Grace period of up to 6-12 months is allowed in case of construction of house.
  • Total loan deductions including instalment on home loan should not exceed 50% of salary net of statutory deductions.
  • BOZ Policy Rate plus margin.
  • 2.5% of loan amount (one time) .For loans repayable beyond 36 months 3% of loan amount.
  • Full Insurance cover against death, permanent disability, insanity or any chronic illness resulting in inability to perform duties.
  • House owners insurance to cover risks such as fire, floods and other perils.
  • Legal mortgage/Charge over property financed.

Customer to complete our standard Home loan application form attaching the following:

  • Letter of offer in case of purchase
  • Council approved plan in case of construction/extension
  • Bill of quantity in case of construction/repairs/renovation/extension by a professional.
  • Copy of title deed
  • Copy of pay slip or proof of income in case of self employed.
  • Copy of NRC of the vendor.
  • T-Pin 
  • Attractive rate of interest.
  • Quick processing time
  • Full insurance cover
  • Flexible repayment terms
  • In case of couples, income of both parties is considered.
  • Guaranteed Home solutions.

SECURE YOUR CHILDS FUTURE WITH OUR

SAVE PLUS ACCOUNT.

Exclusively designed savings account to inculcate savings habits in parents and guardians for their children. This savings account offers attractive interest rates and other benefits to realize your savings goals with other value added features such as IZB Contactless Visa Card, SMS Alert, Mobile and Internet Banking facility.

SECURE YOUR CHILDS FUTURE WITH OUR

PRIVILEGE SAVINGS ACCOUNT

This savings account comes with a cheque book facility I addition to other features such as SMS Alerts, Internet Banking and the IZB Contactless Visa  Card and is an interest bearing savings account.

SECURE YOUR CHILDS FUTURE WITH OUR

CLASSIC SAVINGS ACCOUNT

Sign up for our standard level savings account with value added features of SMS alerts, Internet Banking with the IZB Contactless Visa Card facilities and is as an interest bearing savings account.

CONTACT CUSTOMER CARE

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