COMPLETE RE-ROOFING SCHEME

  • The loan purpose is for complete re-roofing ONLY and not for other renovation.
  • Only one re-roofing loan per household is allowed.
  • The maximum loan amount is SR100,000.00 at an interest rate of 10%c (variable) and a maximum loan term of 5 years.
  • Applicants must be over 18 years of age.
  • Applicant should be gainfully employed and earning less than SR15,000.00 per month (proof is required)
  • The loan is disbursed by installments against pro-forma invoice/ quotation and upon building inspectors certification.
  • Applicant should provide latest pay slip, bank statement with s least 6 months transaction ID card as well as proof of income if self-employed.