Special promotion on home loans

|    Danial Norjidi    |

BAIDURI Bank has rolled out a special promotion on home loans to help home buyers save thousands of dollars per year.

Speaking on the promotion, Head of Retail Banking and Branch Network at Baiduri Bank Pengiran Azaleen bin Pengiran Dato Haji Mustapha said, “We understand that purchasing a home, especially for first-time home owners, can be a daunting task. It is a long-term investment. With our special offers, we hope to make the home-owning process more accessible and affordable.”

According to a press release, successful applicants will enjoy a subsidy, an effective interest rate as low as four per cent pa as well as waivers on processing fees from now until June 30.

The offer is also available to those who wish to transfer their existing home loan(s) to Baiduri Bank.

“Purchasing a home incurs legal fees so as an additional benefit, we’ll also cover the cost of legal documents, insurances and property valuation for the first year,” said Manager of Consumer Financing at Baiduri Bank Winnie Ang.