Housing Loan

As part of individual loan plans packages the Bank provides to its customers, the housing loan (financing of real estates) to purchase a housing unit or re-financing the purchase of a housing unit or building additions to current housing unit or finishing a real estate or completing an existing building or purchasing a land for constructing a housing unit thereon to the borrower 

Advantages of personal loan for housing purposes

  • Financing up to US $250,000
  • Payback period up to 300 months
  • Competitive interest rates
  • Granted in all currencies
  • The loan is given to employees of public and private sectors, merchants and self-employed 
  • Grace period up to 6 months
  • It is possible to add income of the wife to income of the customer

Requirements to apply for the housing loan 

  • Personal identification of borrower and guarantors, if any. 
  • A letter of job proof 
  • A pledge to transfer salary and benefits to the account 
  • The customer shall be owner of a land or real estate or will own a real estate by the required loan
  • Mortgage the real estate in favor of the Bank
loan calculator
قيمة الفوائد وقيمة الاقساط الشهرية عبارة عن مبالغ استرشادية يمكن أن تكون بالزيادة أو النقصان + -
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