JAKARTA. State-owned lender Bank Tabungan Negara (BTN) is offering loans for low-cost homes in Pekanbaru in a bid to support the government’s 1 million homes program. The loans come with a fixed interest rate of 5 percent with a 20-year repayment term and 1 percent down payment. BTN president director Maryono said low-income people could own houses through the company’s subsidized housing loan scheme.
BTN offers cheap loans for housing in Pekanbaru
JAKARTA. State-owned lender Bank Tabungan Negara (BTN) is offering loans for low-cost homes in Pekanbaru in a bid to support the government’s 1 million homes program. The loans come with a fixed interest rate of 5 percent with a 20-year repayment term and 1 percent down payment. BTN president director Maryono said low-income people could own houses through the company’s subsidized housing loan scheme.