Pan Asia Bank loan scheme revolutionises the housing loan market
In a bid to meet the rapidly increasing demand and varying requirements of customers, Pan Asia Bank, has been augmenting its popular housing loan product “Nivasa” with a host of value -added features. As a result, the bank is all set to fulfill housing loan requirements of a much larger audience with novel features that extends greater flexibility to customers in terms of getting the loan amount they need.
The loan can be obtained for multiple purposes including purchase of a bare land, construction of a house, purchase a house/ apartment, completion of a partially built house, renovation an existing house or pay off an existing home loan obtained from another bank.
Speaking to media Shiyan Perera the Assistant General Manager of Leasing and Retail Assets Products of Pan Asia Bank commented that the bank is extremely happy to introduce its value added “Nivasa” loan scheme to customers as it allows them to make their all important dream of living under their own roof, a reality.
“Nivasa” housing loan customers can obtain loan facilities with a repayment period of up to 25 years. Also they can obtain loans up to 100% of the BOQ value when the customer owns the land and in other cases up to 75% of the BOQ value.
How to apply for a “Nivasa” home loan.
Interested individuals can visit any of the 80 Pan Asia Bank branches across the country to complete and handover a home loan application form. Shiyan Perera AGM leasing and retail Asset Products also mentioned that the loan approval can be obtained within two working days and processed within 10 working days provided the required documentation is submitted by the applicant.
Further detail on this product can be obtained through Pan Asia Bank Call Center by calling
0114 667 222.