Ithmaar Bank Mortgage Loan

Ithmaar Bank Bank

WarningMessage This product is valid by the Bank

Mortgage Loan

minimun salary

Minimum Salary

BHD 400

flat rate

Flat Rate

3.3%

reducing rate

Reducing Rate

5.94%

max loan

Loan Amount

BHD 500K

arrangement fee

Arrangement Fee

1%

down payment

Down Payment

20%

repayment

Repayments Up To

25 Years

Apply Now
minimum salary

BHD 400

Minimum Salary

flat rate

3.3%

Flat Rate

reducing rate

5.94%

Reducing Rate

max finance

BHD 500K

Loan Amount

arrangement fee

1%

Arrangement Fee

down payment

20%

Down Payment

repayment

25 Years

Repayments Up To

Apply Now

View details on bank page

Features

  • Can avail finance on fixed rate basis on Morhaba finance
  • Maximum tenure provided is 10-25yrs(varies with the applicant’s profile)
  • 1% of the loan amount is charged as administration fees
  • Applicants must be minimum 21yrs
  • Minimum salary required is BD 400(Bahraini applicants) and BD 450(Non-Bahraini applicants)
  • Minimum net worth required for self-employed individuals is BD 2000
  • Maximum finance provided is BD 500,000
  • Minimum 10%-20%(varies with the applicant’s profile) of down payment is required

Benefits

  • Provides Shariah-compliant ijarah finance and Morhaba finance
  • On Ijarah finance can avail free home cover from Solidarity
  • Free content cover for one year of coverage BD 10,000 on Ijarah finance

Ithmaar

Ithmaar Bank is a Bahrain based Islamic bank regulated by Central Bank of Bahrain providing services like commercial banking, treasury, and financial institutions and other banking services. Ithmaar provides a variety of Shari’a compliant products and services that serve financial and investment needs of the customers.

Ask questions and share your comments

We encourage our users to have discussion on questions they might have on financial products and help other users by sharing their insights. Kindly help us in making this site useful. We don't encourage any spam posts here. This is a public forum, so we request you to be safe by not disclosing personal information such as bank account or phone numbers etc. Please follow our posting guidelines. All the comments posted under MyMoneySouq official account are not reviewed by the financial institutions.