Ethiopia - Apply for Mortgage Loan for Civil Servants

Advertisement

Procedure

Apply In-Person:

1. Application for getting a mortgage loan for civil servants in Ethiopia is available in the National Bank of Ethiopia contact link
2. Applicant must provide all necessary information in the application form.
3. Documents that are needed for this procedure are mentioned under “Required Documents” section of this page.
4. Applicant should carry photocopies and originals of all the documents while applying for this procedure.
5. Applicant should attach photocopies of documents (whichever is necessary) along with the application form while submitting the application form.
6. Application procedure is free of charge.
7. If all above-mentioned procedures were followed properly, the license will be issued within 3 months.
   

Advertisement

Required Documents

• Last three payslips
• Bank Statement for the last 6 months
• Identification documents
• Staff ID Card
• Original Letter from Employer
• Beneficiary’s ID Card
• Keble ID Card of the Kin
• Passport sized photographs – 2
  

Office Locations & Contacts

Location: Addis Ababa
Address: National Bank of Ethiopia,
Addis Ababa, Ethiopia
Contact link
Location link

Eligibility

Only Civil Servants in Ethiopia are eligible for applying this Mortgage Loan.

Fees

Application fee is free of charge.

Validity

Loan payment is valid for the loan tenure period applied.

Documents to Use

Please attach documents that can be used by people. e.g. links

Sample Documents

Please attach sample completed documents which would help other people who would like to follow this procedure.

Processing Time

The processing time for this procedure is three months.

Related Videos

Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type="website">video ID|width|height<&/video&> from external websites.
Please remove the "&" inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url "http://www.youtube.com/watch?v=Y0US7oR_t3M" Video ID is "Y0US7oR_t3M".

Instructions

• Applicant must provide genuine information while applying for this procedure.
• Applicant should follow all instructions provided by concerned authorities properly.
  

Required Information

• Full Name
• Keble ID Card Number
• Employee Number
• Job Group
• Age
• Date of Retirement
• Purpose of Loan
• Income Details
• Details of the Kin
• Guarantors
  

Need for the Document

This document is needed for getting housing loan facilities to civil servants in Ethiopia for constructing a residential house or add new units in the house or for rental purposes.

Information which might help

• Loan tenure period can be extended for a maximum of 20 years if the applicant attains the age of 65 when the loan closes.
• Applicant can get a 90% of loan and a down payment of only 10% is required.
  

Other uses of the Document/Certificate

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.

External Links

link

Others

More information which might help people.