Don’t put your dreams on hold. With iib home loan, you can choose to construct, renovate or buy the house you have always wanted.
Who can apply?
18 years or older
Residents of Djibouti
NIC or Passport holder (proof of identity)
Required documents
2 recent photographs
Last 3 months salary slip
Proof of address (e.g. utility bill)
Benefits
Low down payment
Low processing fees
Competitive interest rates
Flexible procedures & relaxed financing terms
Flexible repayment up to 20 years
Joint financing solutions available
Preferential fire explosion and disaster insurance cover
Multi-purpose financing
Purchase
You can purchase a flat, an office, a house or land.
Construct
Construct your own home to meet your personal needs.
Renovate
Renovate or extend your current home or flat.
Invest
Purchase a property for investment purposes.
Additional documents
Proof of address less than 3 months
Proof of employment (type - CDI-CDD, date of employment, benefits)
End of Service indemnity (IFS)
Domiciliation of salaries and benefits
For acquisition
Contract of reservation with a promoter or a promise to sell
Plan of the residence
Copy of the title dead or recent ownership deed
For construction or renovation
Certificate of legal conformity
Construction plan or renovation plan
Municipal approval
Planning of works to be executed
Certified cost by a qualified engineer/constructor (stage-wise)
Construction permit
Other legal permits that may be required by iib
iib current account
Easily manage your everyday finances wherever you are. iib current account makes it simple to check your balance, pay your bills and send money to friends and family.