How to make payment for Ujaalaa Financing Facility
For those who are working in an MIB accepted employer their monthly payment will be deducted by the employer and sent to the bank, but the customer must make sure that the payments are sent to the bank and are regularly deducted from the facility amount. For rent customers their payment will be deducted from their bank accounts.
Ujaalaa Hiya and Ujaalaa Ulhandhu
Your salary will be deducted every month based on the monthly payments when it reaches the Bank. However if there is a situation where your salary does not come in or is less than the amount required, it is the responsibility of the customer to ensure that sufficient funds to cover your monthly payment is deposited to the account on a timely basis.
About Ujaalaa Hiya Ujaalaa Hiya is the home financing facility that is offered by MIB. Customers can use this facility to purchase homes, apartments and flats that are currently under construction or is ready to move in. You can learn more by ...
Enhancements to Ujaalaa Dhiriulhun We have recently enhanced this facility with the following improvements. To learn more please visit our webpage for this product Finance upto MVR 700,000 Fix Payment Period between 18 months to 60 months Guarantor ...
What is considered while determining a financing limit?
Bank determines the financing limit after evaluating the salary and payment deductions to another bank. However, bank will also consider the job type (permanent or contract) and the employer as well.
Estimating Ujaalaa Financing Limits
You can estimate your ujaalaa financing credit limits by using the following table
Why choose Ujaalaa Dhiriulhun
Why Choose Ujaalaa Dhiriulhun for your Consumer and Lifestyle financing needs Flexible tenure option between 18 to 60 months Provides the highest financing limit in the market for average salaried persons You will not be charged for un-utilised ...