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AASHIYANA

Announcements

Dear Customer, please note that we have revised our Interest Rates and improved our Product Service delivery w.e.f 01.10.2018; Visit our nearest branch for update. View More...

Audited Financial Results as on 31.12.2017

Audited Financial Results as on 31.12.2016

Audited Financial Results as on 31.12.2015

Financial Statement as on 31.Dec.2018

Audited Financial Statement as on 31.Dec.2018

Exchange Rates

BOI STAR AASHIYANA HOUSING SCHEME

  • Duly filled Application form.
  • Two latest passport size color photographs.
  • Purchase invoice/Agreement copy.
  • Check whether agreement is in single/joint name. If single then guarantor also required.
  • Financial card of Borrower/Guarantor.
  • Passport of borrower/guarantor alongwith work permit/dependent pass.
  • Local ID proof like Driving Permit, if any.
  • In case of Service: Employment details like Appointment letter, Appraisal letter, Latest Pay in slip, Employee ID card, Designation, detail of contract period, etc.
  • In case of Business: Audited Balance sheet and Tax statement of last 3 years, MoA and latest Form 7.
  • Assets/Liabilities of Borrower/Guarantor.
  • Detail of existing loan/guarantee with other bank/FI, if any.
  • Bank Statement for last six months.
  • ROI is 1% below BOIPLR (USD) which is presently at 9.00% p.a.
  • Processing charges is 1%
  • Collateral Security detail, if any.
  • Valuation/Search report from Bank’s Empanelled Valuer/Advocate

Basic Requirements
  • Formal Application stating the amount, purpose, tenor, source of repayment and pro-posed security.
  • Financial card number for the borrower
  • Third party guarantee of persons with adequate worth. (Can be waived at the discretion of BOIUL depending on the standing of the borrower).
  • Charge on the assets created out of the loan amount
  • Collateral security acceptable to the Bank.
  • Personal Guarantee of directors/partners/proprietors /property holder. Any deviation in terms would need approval of sanctioning authority on merits.
  • The assets acquired from the acquired loan should be fully insured covering appropriate risks and the policy to be assigned in the name of Bank of India Uganda Limited.