Home Improvement Financing

Giving your home the makeover you have always wanted.

  • Eligibility

    Brunei Citizens and Permanent Residents

    Individuals aged 18 to 65 years*

    Employed with Brunei Government, Semi-Government or private companies approved by BIBD

    *The maximum age of Customer is 55 years if the Customer is not receiving TAP, 60 years if the Customer is receiving TAP and not exceeding 65 years at the time of expected financing maturity.

  • Required Documents

    Original copy of Identification Card
    Original copy of latest Salary slip
    Letter of Confirmation (Salary/ Pension/ Service Contract)
    Latest 3 months Bank Statements if salary is assigned with other Financial Institutions (where applicable)
    Contract Agreement/ Quotation between the Customer and the Contractor
    MOD registered contractor
    Contractor’s Builder License
    Construction approval from the relevant authority (ABCI) (where applicable)

  • Requirements and Fees

    You may refer to the Bank's Schedule of Tariffs and the list of applicable rates for this product.


  • Enjoy a flexible payment period of up to 10 years

  • Use our Home Improvement Financing for Home Renovation or Home Extension

  • Financing of up to 100% of renovation costs

  • Applicable for both Government Housing Scheme and Private Homes

Suitable For

  • Working Professionals

  • Retired Individuals

Quick links

Shariah Concept


Tawarruq consist of two sales contract. The Bank will purchase Shariah-compliant commodities from a supplier and sell the commodities to the customer (1st sale contract), disclosing cost price and profit amount (“Murabahah”). Customer, as the owner of the commodities, can appoint the Bank as their disposal agent (“Wakil”) to sell the commodities (2nd sale contract) to a third party on their behalf, and as their payment agent to credit the sale proceeds to the customer’s account and/or make payment arrangements as agreed by the customer.

Further Information

Please read the Product Disclosure Sheet and the General Tawarruq Terms and Conditions of Sale before you decide to apply for the Home Improvement Financing. 


Would you like to know your financing payment?

Your planning begins here

Financing Details




1 year 10 years

Home Financing: 4.5%
Home Improvement Financing: 7.5%

Your Payment

Total Payment




Total payment calculation is just an estimate and may change.