Home loans

A house is more than just an investment – it’s a place to call home and create memories that will last a lifetime. Invest in your future with a Stanbic Bank home loan! We have simplified the process of buying, building or improving your home by designing many different options which will make the process of house hunting and buying easier. We look forward to assisting you to become a deserving home owner.

Features and benefits

  • The maximum loan period is 20 years
  • You will need a minimum deposit of 10% of the purchase price
  • You can finance up to 90% of the Open Market Value of the property, or of the purchase price, whichever is the lesser.
  • Your monthly repayment cannot be more than 35% of your net income and / or other income (individual / joint).
  • Bond registration will only be processed once the deposit has been paid / pledged and insurance has been arranged.
  • The loan amount can only be repaid when the property has been transferred into your name and the bank’s bond has been registered.
  • In the case of construction, the borrower is required to collect a statement from Stanbic Bank and service the interest during the building period.

Borrower’s expenses include

  • Minimum deposit of 10% of the purchase or building price.
  • Transfer duty
  • Surveyor’s fees
  • Architect’s fees
  • Valuation fees
  • Arrangement fees/bank charges (1% of loan amount + VAT)
  • Bond and other legal fees (inclusive of VAT)
  • House Protection Plan insurance premium (inclusive of VAT)
  • House Loan Protection Plan insurance premium (inclusive of VAT)

How to apply

To apply for a home loan visit one of our many branches across the country. The following documentation will be required:

  • Formal property valuation (whether building, buying or refinancing a completed house)
  • Certified Copy of the Title Deed (must be in individual/company name)
  • Letter of offer to purchase plot/property
  • Proof of income (pay slip or letter from employer/auditors/accountants)
  • Proof of marital status and copy of marriage certificate (in/out of community of property)/Decree Absolute
  • Certified copy of Identity document
  • Certified copies of work & residence permits (expatriates)
  • Certified copy of passport (expatriates)
  • Copy of contract of employment (expatriates)
  • Statement of assets and liabilities (form provided by the Bank)
  • Affordability statement - income and expenditure (form provided by the Bank)
  • Bank statements for the past 6 months (if account is not held with Stanbic Bank  Botswana)
  • Proof of residence (not older that 3 months)


Customer care

Toll Free: (00267) 0800 600 685 

Land Line: (00267) 3618555

E-mail Customer care