Ahli United Bank Mortgage Loan

ahli-united-bank Bank

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Mortgage Loan

Minimum Salary

BHD 3K

Flat Rate

8%

Reducing Rate

14.4%

Early Settlement Fee

0.75%

Arrangement Fee

1%

Down Payment

10%

Repayments Up To

25 Years

BHD 3K

Minimum Salary

8%

Flat Rate

14.4%

Reducing Rate

0.75%

Early Settlement Fee

1%

Arrangement Fee

10%

Down Payment

25 Years

Repayments Up To

Features

  • Maximum tenure provided is 25 years
  • The minimum annual salary of USD 100,000 is required
  • Salary transfer is required
  • 90% of the property value is provided as finance
  • Interest rates start at 8%

Benefits

  • High finance is provided
  • High tenure is provided
  • Quick processing of the loan application

Frequently Asked Questions

Q. How much down payment is required?

A. 10% of the property value should be borne as a down payment by the buyer.

Q. Is there any early settlement fees charged?

A. Yes. 0.75% of the outstanding balance or BD 200(whichever is lower) is charged as early settlement fees.

Q. What is loan administration fees charged?

A. 1% of the loan amount approved will be charged as loan administration fees.

Q. Are there any insurance charges levied?

A. No. There are no insurance charges levied on the mortgage loan.

Q. Can I postpone my installment payments?

A. Yes. But BD 10 is charged on postponing installments.

Ahli United

Ahli United Bank, a merger of United Bank Of Kuwait and Al Ahli Commercial Bank was established on 31st May 2000 in Bahrain. With its strong performance over the years, Ahli United Bank provides services including retail banking, corporate banking, treasury, and investments, wealth management etc.,