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Ministry of Housing Projects for ready-made units

Ministry of Housing Projects for ready-made units

Dear partner

As part of our Government's efforts to facilitate the ownership of houses for citizens, and in cooperation with the Ministry of Housing and the real estate development fund, we are pleased at Alinma bank to offer you the “financing to buy ready-made units” which one of the Ministry of Housing projects from the market with the freedom to choose the appropriate property "villa, apartment, residential building."

 

Key benefits:

  • The Ministry of Housing Real Estate financing support will afford the profit margin calculated on the amount of SAR 500,000 with a supporting rate ranging from a minimum of 35% to 100%.
  • No down payment
  • Repayment period up to 20 year.
  • Administrative fees as of 1% of the amount of financing, up to a maximum of 5,000 riyals.
  • Financing up to the age of 70 years
  • Without assigning the real estate evaluators (for the ministry of housing projects).
  • All terms and conditions are fully Shariah-compliant

 

service channels:

  • Visit Alinma branches.
  • Alinma phone at 8001208008

 

Easy requirements:

  • The beneficiary has to have an approval for the support from the Ministry of Housing to buy the ready-made units.
  • Obtain global limit.
  • Salary transfer.
  • Provide the price details of the property.
  • Aligned with the bank's credit terms and policies.

 

To see all Ready-made Villas Click here.

 

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