Purchasing a ready-to-move-in or uncompleted property. The value of the loan starts from 5 million Syrian pounds

The loan duration ranges from 3 to 10 years.

The debt burden is 35% of the customer's monthly income.

The commission for examining the loan is 50,000 Syrian pounds.

Features:

• -The financing ratio is 65% to 70% of the speculative value of the property.

• 19% annual decreasing interest rate.

• Consecutive and equal monthly installments, with the possibility of granting a maximum grace period of 6 months depending on the nature of the client's activity.

Terms and Conditions:

• The borrower holds the Syrian Arab nationality and the like.

• The borrower has completed his military service or is exempt therefrom.

• Residence and work within Syrian territory.

• The borrower must be at least 22 years old.

• The age of the borrower should not be more than 65 years when the last installment is paid.

• A real estate collateral covering 150% of the minimum speculative value of the property.

• A life insurance policy of 100% of the loan, to be renewed annually.

• A fire insurance policy of 100% of the loan, to be renewed annually.

Required Documents:

• ID card.

• Military service book.

• Professional certification

• Occupational license

• Professional union membership.

• Evidence that the customer is a taxpayer with his tax number.

• Residence permit with a certified copy.

• Non-conviction certificate.

• A statement of income or salary.

• Commercial or industrial registry (for traders and industrialists).

• New real estate registration extract.

• Life insurance policy.

• Fire insurance policy.

Syria gulf bank offers a business development loan with an amount up to SYP 250 Million designed to meet the essential needs of business owners and professional for developing their ventures The loan can be financed up to five years in accordance with the regulation and decision gaveling leading operation with easy and flexible terms for clients who holds Syrian Arab Nationality or those who fall into this category and who reside and work within the territory of the Syrian Arab republic

Collaterals :

1- acceptable real estate collateral (mortgage )

2- life insurance policy and insurance policy against fire and theft

Required documented :

-Membership letters issued by the association for professional along with a license to practice the profession

-Financial solvency statement if available

-Proof of income and financial solvency statement

Tax assignment

-Proof of residence and a criminal record extract

You can visit any of our bank’s branches to get all the details and answers to your inquiries

Syria Gulf Bank offers a corporate employee loan with an amount up to SYP 40 million. This loan is designed to meet the personal and consumer needs of the employees whose salaries are domiciled with the bank. The loan can be financed up to five years, in accordance with the regulation and decisions governing lending operations, with easy and flexible terms for clients who hold Syrian Arab Nationality or those who fall into this category, and who reside and work within the territory of the Syrian Arab Republic.

- The required collaterals should be proportional to the requested loan amount.

- Life insurance policy.

Required documents:

- Employment certificate and detailed income statement.

- Bank account statement for six months if the borrower or guarantor has facilities with other banks.

- Proof of residence and a criminal record extract.

You can visit any of our bank’s branches to get all the details and answers to your inquiries.