Check Eligibility for Ithmaar
Home Loan

You are eligible to apply for a Ithmaar
Home Loan .

You may not be eligible * to apply.

* Minimum salary BHD 400 required to apply for a Ithmaar Home Loan .

*No loan for :User_Nationality available in this page

Click here to check from other banks.

Ithmaar Home Loan Calculator

Home Loan Provided By Ithmaar

Check Eligibility for Ithmaar Home Loan

You are eligible to apply for a Ithmaar
Home Loan .

You may not be eligible * to apply.

* Minimum salary BHD 400 required to apply for a Ithmaar Home Loan .

Click here to check loans from other banks.

Ithmaar Home Loan Calculator

Features of Ithmaar Home Loan

  • Loan amount of up to BD 500,000 can be availed
  • Can avail finance on the basis of a fixed rate
  • Repayment period up to 25yrs is provided
  • Administration fees charged is 1% of the loan amount

Eligibility Criteria of Ithmaar Home Loan

  • The loan applicant should be at least of 21yrs
  • Monthly minimum salary of BD 400 - BD 450 is required(varies with nationality)
  • For self-employed individuals, a minimum net worth required is BD 2000
  • 10%-20% of down payment is required

Ithmaar Home Loan Interest rates

Ithmaar Bank

1 Ithmaar Bank Home Loans

Mortgage Loan

minimum salary

Minimum Salary

BHD 400

flat rate

Flat Rate

3.3%

reducing rate

Reducing Rate

5.94%

loan amount

Loan Amount

BHD 500K

arrangement fee

Arrangement Fee

1%

down payment

Down Payment

20%

repayment

Repayments Up To

25 Years

minimum salary

BHD 400

Minimum Salary

flat rate

3.3%

Flat Rate

reducing rate

5.94%

Reducing Rate

loan amount

BHD 500K

Loan Amount

arrangement fee

1%

Arrangement Fee

down payment

20%

Down Payment

repayment

25 Years

Repayments Up To

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

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

View details on bank page

About 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.

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