A pension-backed home loan (as per the Pension Funds Act 19 (5) (a) and 37D) is an alternative form of housing finance where your retirement fund savings is utilised as security against the loan. An agreement between the pension fund and your employer will be established when the loan is taken out. 

The loan amount depends on how much you have saved in your retirement fund and how much you can afford.

The loan value you borrow against your retirement savings is based on the rules as set out by the individual Fund.

Ask your HR Department about pension backed home loans. 

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