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.