With a monthly installment of 950 pounds... Own a fully finished apartment

Commercial International Bank - CIB offers a variety of financing programs and different banking services, suitable to the needs of all its clients, including the real estate financing loan. With a value of up to 1.1 million pounds as part of the Central Bank’s initiative for middle-income people, with an interest rate of 3% and installments over 30 years.

Apartment loan from Commercial International Bank - CIB

In order to ensure that “Al Aqaria” provides the necessary information to its esteemed readers, and to provide its followers with important news, we publish for you the details and advantages of the real estate financing loan from the Commercial International Bank - CIB within the Central Bank’s initiative for middle-income people.

Details and advantages of the real estate financing loan within the Central Bank initiative from the Commercial International Bank - CIB

- Financing amounting to 1.1 million pounds

 - Repayment period of up to 30 years

 - Decreasing return starting from 3% up to 8%

 - Down payment starts from only 15% of the unit value

Documents required to obtain a real estate financing loan within the Central Bank initiative from the Commercial International Bank - CIB

Employee (employee who receives a fixed monthly salary from the employer)

For single people:

• A copy of the national ID card

• A recent utility receipt for your current residence

• A certificate proving net monthly or annual income from the employer

• Bank statement for the last 6 months (if available)

For the family:

A copy of the spouse’s national ID card

In the case of the husband or wife working: Proof of income according to the nature of the work

In case the husband or wife does not work: Print insurance

• Documents can be submitted to prove additional income, if any (extra work, savings certificates, bank deposits, etc.)

• The bank has the right to request any additional documents during the financing process