House loan

It’s a loan designed to help finance the purchase of a house, land or construction of a property.


Features

	Loan amount up to 65 times the monthly salary, with a maximum of KD 70,000/.
	Finance up to 80% of the land value and up to 85% of the property value.
	Monthly installments not to exceed 40% of the monthly salary or income.
	Flexible loan repayment periods from 4 years to 15 years.
	Grace period of 6 months.
	Life insurance coverage or total disability coverage.
	Minimum salary is KD 350/-.
	Salary certificate & Salary transfer. ( required )

Benefits

	More than one income is taken into consideration which increases the amount to borrow. (Certificates required).
	Free Visa card for first year plus a free supplementary Visa card.
	Flexible monthly repayments options.
	Delayed first payment for 6 months.
	Free access to Burgan Direct and BeeBank.
	Ability to postpone 3 months yearly after 6 months of loan opening date