Real Estate Finance

SBL provides House Building Loan facilities to both commercial/individual clients who are involved in Real Estate Business for completion of commercial/residential building.

House Building Loan (Commercial)
- Loan facility for commercial developers [Sole Proprietorship/Partnership Firms/Private/Public Limited Company] who are involved in Real Estate Business.
- Loan facility to owners of land for construction of building.
- Disbursement to be made phase-by-phase upon assurance of proper utilization of both equity and debt participation.
- Repayment to be made by depositing the sale proceeds and rent into the loan account or from other sources of the developers.
House Building Loan (Residential)
- Loan facility for construction of the building/renovation of the existing building.
- Disbursement to be made phase-by-phase upon assurance of proper utilization of both equity and debt participation.
- Sale proceeds/rent must be deposited to the loan account for adjustment.