Construction, Housing and Infrastructure Development Bank (CHID Bank) has announced that construction entrepreneurs and contractors can apply for construction loans to operate their businesses. The loan amount will be determined based on the value of the property and the loan period will be determined based on the project.
The loan has an annual interest rate of 12 percent. A copy of the National Identification Card, a copy of the household registration, two photographs, Certified Map forms (105) and 106 taken within the past six months, business-related supporting documentation, and collateral photos are required. Get in touch with the CHID Bank Call Centre and the closest CHID branches for additional information about the loan.
