Eligibility

• All nationalities resident in the GCC for both salaried and self-employed individuals.
• For salaried individuals: between 21 years and 58 years of age.
• For self-employed individuals: between 25 years and 60 years of age.
• At maturity, borrower’s age must not exceed 60 years or normal retirement age whichever is earlier. In case of self employed must not exceed 65 years.
  

Features

• Purchase land
• Purchase villa / property
• Construction of a home.
• Purchase of properties in development projects (title deed waiver available).
• Purchase of apartments in special projects (title deed waiver available).
• Loan against property ( Equity Financing)
• Loan against Land ( Equity Financing )
• Tenors
  

  Purpose	Residential
  Purchase of Land	Up to 15 years
  Purchase of property	Up to 25 years

  
  
• Down payment required
  
  

  Purpose	Bahraini National residing in Bahrain	Other GCC Residents and non- Bahraini residing in the GCC / Bahraini residing outside of Bahrain
  Purchase of Land	20%	25%
  Purchase of property	20%	25%

Benefits

• Joint borrowing (up to 3 joint borrowers).
• Minimum salaried income requirement of just BD 350 for Bahraini nationals residing in Bahrain and BD 1000 for Non-Bahraini Nationals. Also, for Bahraini working outside of Bahrain
• Minimum self employed income requirement of just BD 2000 for Bahraini nationals and other nationalities
• Highly competitive interest rates.
• Minimum down payment requirements.
• Loan amounts reaching BD 350,000 and up to BD 750,000 for high net worth individuals
• Home and life insurance available.
• Maximum installment repayment capacity of 61% of applicant’s net income.
• Partial Prepayment (No penalty charges)
• Grace period up to 90 days

Special Project

• Abraaj AL Lulu
• Amwaj Plaza
• Tala Island
• Durrat AL Bahrain
• Juffair Skyviews
• Seef Vista
• LeReef
• Riffa views
• Zawyia Land
• Amwaj Homes
• Nasma Twers
• Sraya Al Basateen
• Porta Reef
• Peak Tower