11 Mar 2010 6:56 AM
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Colonial Banking
The National Bank of Fiji was set up by the Government of Fiji to provide banking services to the people of Fiji concentrating on the rural markets where commercial banks found it unprofitable.οΎ  In 1999 Colonial Fiji Life Ltd purchased minor shareholding from the Government of Fiji and the trading name became Colonial National Bank.
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Banking
Customer Home Loan
Entry Conditions
  • Restricted for Housing purposes only.
  • Must be over 21 years.
  • Minimum loan for new advances is $10,000 and additional advances $5,000
  • Maximum loan available is 80% of the cost or valuation by the Bank or approved panel of professional valuers, whichever is lower.

Repayments Interest Rate Fees and charges
Repaid on monthly basis over a maximum period of 25 years (300 months). Refer to Great Rates Refer to Lending & Credit Card Fees & Charges

Main Security required include:
  • First registered mortgage over property.
  • Comprehensive insurance cover (All Risks) with Banks interest noted thereon.