Mazaya - Social Housing Finance Scheme
Purchase the house you’ve always wanted with help from AUB.
As a participating Bank with the Ministry of Housing, Ahli United Bank offers you Mazaya “Social Housing Finance Scheme” that enables you to purchase the house of your choice through a financing facility.
Scheme Details:
As the customer receives the Eligibility certificate from the Ministry of Housing, the customer will approach Ahli United Bank with a request to purchase any of the approved residential housing units within the scheme.
Features
Applying for your loan couldn’t be easier. No salary transfer is required* and all formalities have been kept to a minimum.
Maximum unit value
BD 120,000
Subsidized finance amount
BD 81,000
Borrow up to 120% of
your home’s value
Mazaya - Loans Details
| Home Loans | |||
| New Mazaya Loan | Features | Eligibility | Finance Towards |
| Max Tenor: 25 Years (can go up to 30 years when taking a second loan) Customer can borrow up to 120% of your property value 25% customer contribution (Can go up to 30%, based on customer’s age) |
Age:23-65 Minimum Salary:BD600 |
A Ready House/Apartment A House on their Owned Land A Land and Build it A Land |
|
| Mazaya Loans | Max Tenor: 25 Years (can go up to 30 years when taking a second loan) Customer can borrow up to 120% of your property value 25% customer contribution |
Age:23-65 Minimum Salary:BD600 |
A ready House/Apartment |
| Tasheel Loans | |||
| Aqari Loan | Features | Eligibility | |
| Max Tenor: 25 Years Customer can borrow up to 90% of your property value |
Age:23-50 Minimum Salary:BD600 Bahraini |
||
| Taawun Loans | Max Tenor: 25 Years Customer can borrow up to 90% of your property value |
Age:23-50 Minimum Salary:BD600 Bahraini |
|
| Al Bayt Aleud Loan | Max Tenor: 25 Years Customer can borrow up to 90% of your property value |
Age:23-50 Minimum Salary:BD600 Bahraini |
|
| AUB Mortgrage Loans | |||
| Residential Mortgage Loans | Features | Eligibility | |
| Max Tenor: 25 Years Customer can borrow up to 90% of your property value | Age:23-65 Minimum Salary:BD600 |
||
| Investment Mortgage Loans | Max Tenor: 25 Years Customer can borrow up to 75% of your property value |
Age:23-65 Minimum Salary:BD600 |
|
| Cash Against Property Loans | Max Tenor: 25 Years Customer can borrow up to 90% of your property value |
Age:23-65 Minimum Salary:BD600 |
|
| AUB Mortgrage Loans | |||
| Residential Mortgage Loans | Features | Eligibility | |
| Max Tenor: 25 Years Customer can borrow up to 90% of your property value | Age:23-65 Minimum Salary:BD600 |
||
| Investment Mortgage Loans | Max Tenor: 25 Years Customer can borrow up to 75% of your property value |
Age:23-65 Minimum Salary:BD600 |
|
| Cash Against Property Loans | Max Tenor: 25 Years Customer can borrow up to 90% of your property value |
Age:23-65 Minimum Salary:BD600 |
|
| Investment Mortgage | Current Mazaya/Residential Mortgage / Cash Against Property Loan |
| 1-Salary Certificate 2-Latest Pay-Slip 3-Three months Bank Statement 4-Two IDs (Passport & CPR) 5Copy of the title deed of thev property that will be mortgaged to the bank 6-Copy of Seller’s ID |
1-Salary Certificate 2-Latest Pay-Slip 3-Three months Bank Statement 4-Two IDs (Passport & CPR) 5-Copy of the title deed of thev property that will be mortgaged to the bank 6-Copy of Seller’s ID 7-Copy of all lease agreements (if rent available) and bank statement for the rental income |
You can apply now at any Ahli United Bank branch by filling in the application and submitting the following documents:
Two Valid IDs
Last 3 months
bank statement
Salary Certificate
Eligibility Certificate provided from the Ministry of Housing
Latest Pay Slip
Unit Approval Certificate provided from the Ministry of Housing
Copy of the subject property title deed or sale and purchase agreement
For rates and charges please click here
How can I apply for a Mazaya Scheme?
Click on the Apply Now for apply or for more information click on Tell Me More
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