Make fixed monthly deposits of a minimum amount of P250 towards your saving account. Your investment allows you to buy a residential property at a future date. After your minimum investment phase of 60 months you may use your savings as a down payment for property acquisition with the balance of you loan financed by BBS Bank at a preferential rate.
Benefits
- Higher return on investment towards property acquisition over the investment period.
- Clients have the option to roll over their investment upon maturity.
- Upon maturity, you qualify for a mortgage loan at subsidised interest rates.
- Customers may use their investment as collateral of up to 75% of their investment, should they require a short term loan.
- Short term Loan payable within 60 monthsInterest rate is currently 2.76% per annum payable quarterly.
