Home Finance Al Hilal Bank
Min. salary
AED 15,000
Reducing / Flat
3.50% / 1.93%
Down Payment
20%
Al Hilal Bank helps you purchase a ‘Ready’ or ‘Under-Construction’ property from the Developer or Seller.
Max Amount
AED 15,000,000
Arrangement Fee
%
Early Settlement Fee
1.00 %
Apply online now
Fill in your details and our expert advisor will contact you soon.
Unique Features
- Simple and hassle-free approval process.
- Competitive rental rates.
- Documentation & study fee is 0% when you switch over.
- Free partial settlement on your existing finance.
- Doorstep facility for conducting medical examination wherever applicable.
- Property Takaful contribution paid by the bank for full payment tenure.
- 3rd party claim is covered under Property Takaful.
- Competitive rates offered on Rental Collection Services through approved property management companies for Investment properties.
- High Finance amount up to AED 15 million.
- Flexible payment tenure up to 25 years.
- Salary transfer not mandatory.
Eligibility
- Minimum Salary - AED 15,000 for a single applicant; AED 25,000 for a joint applicant.
- Age Criteria - Minimum 21 years.
Documents required
- Valid Salary Certificate/ Trade License (if applicable)
- Valid passport and residence visa page (if applicable) copy
- Valid Emirates ID
- Khulasat Al Kaid (Family Book for UAE Nationals only)
- Latest 6 months bank statements
- Liability letter addressed to Al Hilal Bank
- Property related documentation
- Any other additional documents which may be required thereafter according to the Al Hilal Bank policies and procedures