Age of Applicant

Between 22 and 55 Years 

Period of Employment /Engagement in Business or profession

Salaried person having an employment history of at least 5 years or more with a continuous employment of 2 years with the same employer. Self employed and business persons engaged in profession or business for at least 5 years. 

Income

i) Salaried Person

ii) Self Employed/Business Person

Monthly Take home salary should be 2/3rd times of the amount of monthly installment.

Average monthly verifiable income should be 3 times of monthly installment.

Title of the Property

Title of the property should be clear and marketable. The property shall be free from all encumbrances and charges. Permission to mortgage from the lessor or lessee(in case of lease/sub-lease) shall invariably be required if term of lease/sub-lease provides for such permission before mortgage of the property.

Purpose

Financing shall be allowed for House Purchase, construction and Renovation.

How to Apply

Through BoK Branches, Application Performa available in all BoK conventional branches.