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