Any client who receives a salary through cards of the Bank ABB or other banks.
|
Maximum amount |
AZN 200 000 |
|
Duration |
up to 15 years |
|
Annual interest rate |
min. 12% |
|
Minimum down payment |
min. 15% of the total construction costs |
|
Security |
Note: It is not necessary to pledge the land when the ratio of the market value of the pledge to the loan amount is min. 150%. |
|
Type of payment |
Monthly annuity |
|
Commission fee |
1% |
|
Dept-to-income ratio (DTI) |
70% (taking into account other obligations) |
Note: The construction loan can be obtained at the following Bank ABB branches: Central, Yasamal, Sabail, MXD, Binagadi, Ganjlik, Narimanov, Khatai, Khirdalan, Nizami, Nasimi, Ajami, Ahmadli, Sabunchu, Sumgayit, and Ganja.
Customers with land plots can build private houses as they wish with the Bank ABB’s construction loan.
Every Azerbaijani citizen between the ages of 20 and 65 with an official income can benefit from this product.
The construction loan can be obtained at the following Bank ABB branches: Central, Yasamal, Sabail, MXD, Binagadi, Ganjlik, Narimanov, Khatai, Khirdalan, Nizami, Nasimi, Ajami, Ahmadli, Sabunchu, Sumgayit, and Ganja.
Yes. An apartment or a private house located in Baku, Sumgayit and Absheron districts can be pledged.
After determining the construction company that will build your house, you can go to the branches of the Bank ABB and get a construction loan with the required documents.
Documents of the pledged property and the client's income must be submitted.
