Tas’heel Aqari – Home Purchase

Financing for the purchase of a ready built home

ELIGIBILITY

Age:
21 - 50

Monthly Income:
150 - 1,200

Maximum Financing Amount:
BD 70,000

Subject to terms and conditions as per the housing regulations

USE OF FINANCING

Purchase a housing unit

TERMS

Repayment term up to 30 years

Financing can be obtained either from Eskan Bank or partner banks.

If financeis obtained from Eskan Bank, then property to be mortgaged as security for the financing with Eskan Bank.
If finance is obtained from partner banks, then property to be mortgaged to the financing bank.

ADVANTAGES

Coverage of real estate registration fees for the financing amount value

Coverage of life insurance

No requirement for a maximum property price limit

The possibility of benefiting from a larger financing amount if the deduction rate is increased voluntarily

In the event of early repayment by the beneficiary, the financing amount received by the citizen decreases due to benefiting from the full government support in advance.

Fixed monthly installment

Immediate service

The first installment starts after 6 months