Question:

Which type of customer can avail Askari bank's loan to build a home?

by Guest22632693  |  1 year, 4 month(s) ago

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I am a university student and I have been assigned a task on Askari bank's Consumer banking. Mortgage finance also come under this category I want to know Which type of customer can avail Askari bank's loan to build a home?

 Tags: Askari, Avail, banks, build, customer, home, Loan, type

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1 ANSWERS

  1. Banking Expert
    This type of Askari bank's loan is extended to customers who already own a piece of land and need funds to meet cost of constructing property on that land. The disbursement of this loan is made in four or less tranches during the construction phase depending upon the bills of quantity (BOQ) submitted by the customer and the quantity and quality of construction done.

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