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

Down payment required

Benefits

• Joint borrowing (up to 3 joint borrowers).
• Minimum salaried income requirement of just BD 350 for Bahraini nationals residing in Bahrain and BD 700 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
• Indicative APR (Annual Percentage Rate) of 7.5% calculated on a finance amount of BD100,000 over a period of 25 years.​

Special Project

• Catamaran Towers
• El Mercado Village
• Essence of Dilmunia
• Kazerooni Heights
• Riffa Views
• Durrat Al Bahrain
• Marassi
• Al Bareh Villas
• Orchid Plaza