Qualified Applicants

Indigenous people qualified by the local government administrations.

Maximum Amount

For building construction and purchase: maximum NT$2.2 million. For building improvements and repairs: maximum NT$800 thousand.

Interest Rate

Same as the interest rate of public housing loans (2.8% at present). For borrowing more than NT$2.2 million or NT$800 thousand, the interest rate is calculated based on the Bank’s time deposits interest rate index.

Period:

For building construction and purchase: maximum 30 years, with 5-year grace period. The principal and interest are amortized in monthly equal installments starting from the 6^th year.

For building improvements and repairs: maximum 7 years. The principal and interest are amortized in monthly equal installments starting from the date of borrowing.

Collateral

Land and buildings.