DTB – DIAMOND TRUST BANK LOANS
PERSONAL LOANSThese are loans offered to enable customers meet their temporary cash needs/ personal commitments.What you get:Ease & ConvenienceDTB has an efficient and effective process in place that allows your application process to be completed within 48hours (subject to all documents being in place)
FlexibilityDTB has tailored flexible repayment plans to suit your needs AccessibilityDTB’s experienced and professional team is always easily available when and where you need themWhat you need:Have a well maintained account with DTBCertified copy of PIN and National Identification cardSecurity in the form of: Property or cash marginsWith their competitive interest rates, you get the best value every time.TERM LOAN/CONSTRUCTION FACILITYAt a glance:They can finance the construction of your dream homeThey offer construction finance on property for rent or sellThey offer finance to purchase commercial propertyTo finance your short/medium & Long term working capitalWhat you get:Min Kshs.100,000/= – Max amount subject to AppraisalFlexible repayments up to 7 yearsFinance available up to 80% of the project costWhat you need:Individual Applicants:Certified ID/Passport CopiesCertified Copy of PIN CertificatePassport Size Photographs.3 Months Pay SlipsCertified Copy of Title DeedBank Statements for the Past 12 monthsFor joint application, Marriage Certificate or an Affidavit.Valuation report(s), if available and copy of the document evidencing ownership of the asset offered as security.Financial projections and plans for the business i.e. cash flow month by month for the next 24 months if construction is for saleFinancial projections and plans for the business i.e. cash flow month by month for the next 7 years if construction is for rent.Feasibility study report or project proposal showing the present marketing set-up and strategies adopted / introduced to increase the sales.CV’s of the promoters and top management on the lines of format as shown on page 5 of the form.Approved building plans and structural drawings (if available).Priced Bills of Quantities (if available).List and Profiles of the professionals involved in the project i.e. architect, contractor, engineer(s), QS etc. (if available).NEMA approval.Names of purchasers or sales already concluded by your Managing Agent together with the down payment thereof.
Corporate ApplicantsCopy of Memorandum and Articles of Association.Copy of the Certificate of Registration / Incorporation.Financial projections and plans for the business i.e. cash flow month by month for the next 24 months.Valuation report(s), if available and copy of the document evidencing ownership of the asset offered as security.Copies of your bank account statements for the last 12 months.Feasibility study report or project proposal showing the present marketing set-up and strategies adopted / introduced to increase the sales.CV’s of the promoters and top management on the lines of format as shown on page 5 of the form.Company profile.Copies of the PIN certificates of the Company and Identification (or Passport) copies of each of the Directors.Approved building plans and structural drawings (if available).Priced Bills of Quantities (if available).List and Profiles of the professionals involved in the project i.e. architect, contractor, engineer(s), QS etc. (if available).NEMA approval.Names of purchasers or sales already concluded by your Managing Agent together with the down payment thereof.Repayment period is between 2 Years – 10 Years. (Subject to Credit Appraisal).FeesCompetitive interest rateAppraisal FeeLegal FeesValuation feesInsurance premium
LOANS AGAINST CASH SECURITYDTB provides their customers with an option of offering cash as security for a loan.What you need:Have a well maintained account with DTBCertified copy of PIN and National IdentificationProvide purpose for the loanFilled in application form – individual, joint, partnerships & corporate borrowingsSecurity in form of your Fixed Deposit with them.ASSET FINANCINGWith over 40 years of experience in hire purchase and numerous awards across the years DTB believes they can help you get the assets you need to drive your business forward.(Best Bank in Asset Finance 2007, 2008, 2009, 2011, 2012)What you need:Individual (sole proprietors/partnerships)Certified copy of PIN and National Identification card3 months pay slips (if employed)Latest 6 months bank statementsCertificate of registration (if proprietor or partnership)Copy of log book (used vehicle)Valuation report from authorized valuer (used vehicle)CompaniesCertified copies of memorandum and articles of associationCertified copy of certificate of incorporationLatest annual returns and filing receiptsBoard resolution authorizing the borrowingOther terms and conditionsDuly executed hire purchase agreementJoint registration receiptThree blank transfer formsComprehensive insurance cover for one yearDirectors joint several and personal guarantee and indemnityRights of set offMORTGAGE FINANCINGAs your bank:They can finance the purchase of your dream house to live inThey can finance purchase of houses for you to rent outThey can use your property as collateral for financingThey can assist you in getting a top up on an existing mortgage – Equity ReleaseWhat you get:Finance available up to 90% of the value of the houseCustom made repayment plan to suit your needs.Repayment by regular installmentsRepayment minimum 1 year – maximum 20 years or 60th BirthdayLoan amount dependent on repayment capacityMinimum amount Kshs.1 million – Maximum amount subject to AppraisalWhat you need:For employeesCopy of pin & National IDMust have worked with their current employers for 2yearsMust be confirmed in their present positionsMust open/ maintain account(s) with DTB where their salary is channeled by their employerStatement of Net Asset & incomeReference letter from employer; and or bankersBank statements for the last 12 monthsLast repayment date not to exceed the retirement age or their 60th birthday whichever comes firstFill in an application formSelf-employed & Business EntitiesBank statements for the Last 12 monthsFill in an application form
Other terms & Conditions ApplicableCopy of Duly Executed Sale Agreement, duly signed dated and stampedValuation report from authorized valuerCharge over the Financed PropertyLetter of offer between seller & buyerCertified copy of title deedFor joint applications, marriage certificate or affidavitFeesCompetitive interest rateLegal FeesValuation feesInsurance premiumsMortgage Life Protection coverREFERENCEhttps://www.dtbk.dtbafrica.com/for-you/borrow/borrow/loans
