Check Eligibility for Bahrain Islamic
Home Loan

You are eligible to apply for a Bahrain Islamic
Home Loan .

You may not be eligible * to apply.

* Minimum salary BHD 600 required to apply for a Bahrain Islamic Home Loan .

*No loan for :User_Nationality available in this page

Click here to check from other banks.

Bahrain Islamic Home Loan Calculator

Home Loan Provided By Bahrain Islamic

Check Eligibility for Bahrain Islamic Home Loan

You are eligible to apply for a Bahrain Islamic
Home Loan .

You may not be eligible * to apply.

* Minimum salary BHD 600 required to apply for a Bahrain Islamic Home Loan .

Click here to check loans from other banks.

Bahrain Islamic Home Loan Calculator

Features of Bahrain Islamic Home Loan

  • Maximum finance provided on residential properties is BD750,000
  • Processing fees of 0.75% of the loan amount will be charged
  • Maximum repayment provided is 25 years
  • Salary transfer is required

Eligibility Criteria of Bahrain Islamic Home Loan

  • The loan applicant must be at least 21 years old
  • The loan applicant must have salary ranging between BD 600-BD 2,000 (depends on the applicant's profile)
  • Debt Service Ratio(DSR) should be around 65-70%

Bahrain Islamic Home Loan Profit Rates

Bahrain Islamic Bank

1 Bahrain Islamic Bank Home Loans

Property finance

minimum salary

Minimum Salary

BHD 600

flat rate

Flat Rate

5.5%

reducing rate

Reducing Rate

9.9%

loan amount

Loan Amount

BHD 750K

arrangement fee

Arrangement Fee

0.75%

down payment

Down Payment

10%

repayment

Repayments Up To

25 Years

minimum salary

BHD 600

Minimum Salary

flat rate

5.5%

Flat Rate

reducing rate

9.9%

Reducing Rate

loan amount

BHD 750K

Loan Amount

arrangement fee

0.75%

Arrangement Fee

down payment

10%

Down Payment

repayment

25 Years

Repayments Up To

Features

  • Maximum tenure provided is 10-25 years(varies with the applicant’s profile)
  • The applicant must be 21-60(females), 65(males)
  • Minimum length of work required is 1 year for salaried individuals and 2 years for self-employed individuals

Features

  • Maximum tenure provided is 10-25 years(varies with the applicant’s profile)
  • The applicant must be 21-60(females), 65(males)
  • Minimum length of work required is 1 year for salaried individuals and 2 years for self-employed individuals
  • Debt Service Ratio(DSR) should be below 65% for applicant’s with monthly income below BD 4000 and 70% for monthly income above BD 4000
  • Minimum income required is BD 600 for Employed Bahraini Nationals
    Minimum income required is BD 1,000 for Employed Joint Bahraini Nationals
    Minimum income required is BD 800 for Employed Non-Bahraini Nationals
    Minimum income required is BD 1,500 for Employed Joint Non-Bahraini Nationals
    Minimum income required is BD 2,000 Average Deposit for Self Employed
  • It is required to transfer salary to BisB account
  • Maximum finance of BD750,000 (Residential) and BD1,000,000 (Investments) is provided
  • 0.75% of the loan amount will be charged as processing fees

Benefits

  • Provides finance for residential and commercial properties
  • Can re-finance owned property
  • Low processing charges

View details on bank page

About Bahrain Islamic

BISB is the first Islamic bank in the kingdom of Bahrain and has played a pivotal role in excelling Islamic banking industry. Established in 1979, BISB provides retail, corporate and other banking services to the customers.

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