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  • Eligibility
  • Loan Amount
  • Margin Contribution
  • Repayment Period
  • Fees and Charges
  • Documentation
  • Terms & Conditions

1. Individuals of Fiji citizenship

  • who have attained the age of twenty one years and;
  • are in permanent employment for at least five years or;
  • engaged in business for at least five years.

2. The property should be

  • located within the city/ town boundary;
  • should not be older than twenty five years;
  • lease period of the property should not be less than repayment tenure of loan and the total deduction should not exceed 60% of the salary net of statutory deduction and taxes.

For Home Loan : Maximum Loan amount is $500,000.00
For Home improvement : Maximum Loan amount is $125,000.00

For Home Loan
- minimum margin contribution is 20%
For Home Improvement Loan
- minimum margin contribution is 25%

Repayment period is up to 25 years for Home Loan and up to 10 years for Home Improvement Loan.

Establishment Fees
1.00% of Loan Amount

Inspection Fees
Upto $1,500.00 Free
From $1,501.00 To $10,000.00 $50.00 per visit
From $10,001 To $25,000.00 $75.00 per visit
From $25,001.00 To $50,000.00 $100.00 per visit
From $50,001.00 To $100,000.00 $150.00 per visit
Above $100,000 $200.00 per visit

Security Document Handling Fees
Upto $1,000.00 Free
Above $1,000.00
One Document $100.00
Additinal Document $40.00 per document
(Solicitor charges + out of pocket expenses to be recoverred seperately)

Loan Arrear Fees
Upto $500.00
2% p.a. additional interest on
the overdue amount with
minimum of $25.00 per month
From $501.00 To $1,000.00
2% p.a. additional interest on
the overdue amount with
minimum of $25.00 per month
From $1,001.00 To $2,500.00
2% p.a. additional interest on
the overdue amount with
minimum of $25.00 per month
From $2,501.00 To $5,000.00
2% p.a. additional interest on
the overdue amount with
minimum of $25.00 per month
Above $5,000.00
2% p.a. additional interest on
the overdue amount with
minimum of $25.00 per month

Opinion Fees
Local $25.00 + Out of Pocket Expenses
Overseas $50.00 + Out of Poecket Expenses

Modification in Terms and Conditions
For each modification $100.00

Stamping/Unstamping Charges
$15.00 + out of pocket expenses

Document Discharge Fees
 $100.00 per document   

FNPF Housing Transfer Fees
For each Application $100.00 per Application + FNPF Cost

Settlement Fees
$150.00 per settlement

Search Fees
$30.00 subsequent $10.00 per hour

Data Bureau Charges
$17.00

Duplicate Statement Fees
$5.00 per page Computer Printout
$7.50 per page statement
Establishment Fees
1.00% of Loan Amount

Inspection Fees
Upto $1,500.00 Free
From $1,501.00 To $10,000.00 $50.00 per visit
From $10,001 To $25,000.00 $75.00 per visit
From $25,001.00 To $50,000.00 $100.00 per visit
From $50,001.00 To $100,000.00 $150.00 per visit
Above $100,000 $200.00 per visit

Security Document Handling Fees
Upto $1,000.00 Free
Above $1,000.00
One Document $100.00
Additinal Document $40.00 per document
(Solicitor charges + out of pocket expenses to be recoverred seperately)

Loan Arrear Fees
Upto $500.00
2% p.a. additional interest on
the overdue amount with
minimum of $25.00 per month
From $501.00 To $1,000.00
2% p.a. additional interest on
the overdue amount with
minimum of $25.00 per month
From $1,001.00 To $2,500.00
2% p.a. additional interest on
the overdue amount with
minimum of $25.00 per month
From $2,501.00 To $5,000.00
2% p.a. additional interest on
the overdue amount with
minimum of $25.00 per month
Above $5,000.00
2% p.a. additional interest on
the overdue amount with
minimum of $25.00 per month

Opinion Fees
Local $25.00 + Out of Pocket Expenses
Overseas $50.00 + Out of Poecket Expenses

Modification in Terms and Conditions
For each modification $100.00

Stamping/Unstamping Charges
$15.00 + out of pocket expenses

Document Discharge Fees
 $100.00 per document   

FNPF Housing Transfer Fees
For each Application $100.00 per Application + FNPF Cost

Settlement Fees
$150.00 per settlement

Search Fees
$30.00 subsequent $10.00 per hour

Data Bureau Charges
$17.00

Duplicate Statement Fees
$5.00 per page Computer Printout
$7.50 per page statement
  • Latest salary slip of the borrower
  • Letter from the borrower confirming the employment details of the borrower
  • Copy of title deeds or lease documents
  • In case of a self-employment person, copies of 3 years financial statements and Income Tax Returns
  • If loan is for construction of a house, quotations from at least two reputed builders/ contractors along with copy of approved plan and specifications for the house to be constructed.
  • In case of purchase of existing or ready made house, valuation report by a Register Valuer/ Engineer's Certificate along with a Sale and Purchase Agreement or Letter of Intent to sell
  • Registered legal mortgage over the property to be created in Bank’s favor.
  • Mortgage protection cover and insurance of House property covering all risk.
  • Disbursement: - In case of construction work given on contract basis, payment is to be made directly to the Builder / Contractor upon completion of work in stages and after due verification by the branch.
  • In other cases payment for purchase of raw materials is to be made on production of invoices / bills etc. and payment of wages to be made on production of wages bills after due verification by branch and supported by certificate from Architect /Engineer regarding work-in-progress / completion of work.
  • Loan repayment to commence one month after first disbursement of loan in case of purchase of ready built house or for repairs / renovation/ extension of existing house whereas in case of construction of a house, the same to be commenced six months after first disbursement or one month after completion of house whichever is earlier.
  • Terms and Conditions apply
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