Purchase of a house and/or land

Mouse renovation

And others as approved by the Bank

20 years maximum period

Brunei Citizens or Permanent Residents

Brunei Government employees

Private Sector employees (recognized y the Bank)

Not exceeding 55 years of age (subject to Mortgage

Redemption Insurance / MRI)

Original lC

Copy of latest salary slip

Confirmation of salary / monies / rental from Brunei Government or private sector recognized by the Bank

Full evaluation report on the land / property that is going to be mortgage fr0m our accredited Property Surveyors

Letter of certification on financing balance with other financial institution, if any

Copy of Land Title Deed

Original IC

Copy of latest salary slip

Declaration of other guarantee financing

Sales and Purchase Agreement or Letter of intent from seller

Seller’s original IC

Balance of seller’s /developer’s financing with other bank (if the property is charged to other bank)

Assignment of Monthly Salary / Monies / Rental from the Brunei Government or accepted private sector

Power of Attorney / Memorandum of change over the property / land (first party only)

Endorsement of Fire Protection Coverage during and after construction up to its full insurable value withTakaful BIBD Bhd with endorsement from the Bank as the beneficiary. The original policy shall be kept by the Bank.

Mortgaged Redemption Insurance (MRI) with endorsement from the Bank as the beneficiary.

Submission of original Land Title Deed

Personal Continuing Guarantor (PCG)

Citizens or Permanent Residents of Brunei Darussalam

An employee of the Brunei Government, Royal Brunei Airlines or Brunei Shell Companies

Must not be a contract employee

Income must be sufficient to cover the proposed monthly instalment

Original Land Title Deed(s)

Power of Attorney / Memorandum of Charge (first party only)

Property Sales Agreement (prepared by the bank’s accredited lawyer and selected by the customer)

Deed of assignment (prepared by lawyer)

Confirmation on Deposit of Land Title Deed documents

Mortgaged Redemption Insurance Policy

Fire Protection Coverage Policy

Personal Continuing Guarantor Agreement

Letter of undertaking from guarantor

Letter of undertaking from customers authorising the Bank to deduct their account for the renewal of property’s fire Protection Coverage (Takaful)