Tasheel
TAS'HEEL AQARI LAND PURCHASE AND CONSTRUCTION
Financing for the purchase of a land plot and construct on it, or purchase an
existing building
ELIGIBILITY
Age
21 - 50
Monthly Income
1,200 - 150
Maximum Financing Amount
70,000 BD
Subject to terms and conditions as per the housing regulations
USE OF FINANCING
Purchase a land plot and construct on it
Purchase a building and add to it
TERMS
The first stage is disbursed to
purchase the land, the difference
between the land price and the
first stage amount is paid by the
applicant
The second and third stages are
disbursed subsequently to build the
housing unit
The property is mortgaged to the financing bank.
Financing can be obtained from partner banks.
Repayment term up to 30 years
Advantages of “Tas’heel Aqaree”
Coverage of real estate registration fees for the financing amount value
Coverage of life insurance
No requirement for a maximum property price limit
The possibility of benefiting from a larger financing amount if the deduction rate is increased voluntarily
In the event of early repayment by the beneficiary, the financing amount received by the citizen decreases due to benefiting from the full government support in advance.
Fixed monthly installment
Immediate service
The first installment starts after 6 months
TAS'HEEL AQARI HOME PURCHASE
Financing for the purchase of a ready built home
ELIGIBILITY
Age
21 - 50
Monthly Income
1,200 - 150
Maximum Financing Amount
70,000 BD
Subject to terms and conditions as per the housing regulations
USE OF FINANCING
Purchase a housing unit
TERMS
Repayment term up to 30 years
Financing can be obtained from partner banks.
The property is mortgaged to the financing bank.
Advantages of “Tas’heel Aqaree”
Coverage of real estate registration fees for the financing amount value
Coverage of life insurance
No requirement for a maximum property price limit
The possibility of benefiting from a larger financing amount if the deduction rate is increased voluntarily
In the event of early repayment by the beneficiary, the financing amount received by the citizen decreases due to benefiting from the full government support in advance.
Fixed monthly installment
Immediate service
The first installment starts after 6 months
TAS'HEEL AQARI HOME CONSTRUCTION
Financing for the construction of a residential land plot owned by the applicant
ELIGIBILITY
Age
21 - 50
Monthly Income
1,200 - 150
Maximum Financing Amount
70,000 BD
Subject to terms and conditions as per the housing regulations
USE OF FINANCING
Construction of a residential
property on a land plot
owned by the applicant
TERMS
Repayment term up to 30 years
Financing can be obtained from partner banks.
The property is mortgaged to the financing bank.
Advantages of “Tas’heel Aqaree”
Coverage of real estate registration fees for the financing amount value
Coverage of life insurance
No requirement for a maximum property price limit
The possibility of benefiting from a larger financing amount if the deduction rate is increased voluntarily
In the event of early repayment by the beneficiary, the financing amount received by the citizen decreases due to benefiting from the full government support in advance.
Fixed monthly installment
Immediate service
The first installment starts after 6 months
TAS'HEEL AQARI LAND PURCHASE
Financing for the purchase of a residential land plot
ELIGIBILITY
Age
21 - 50
Monthly Income
1,200 - 150
Maximum Financing Amount
70,000 BD
Subject to terms and conditions as per the housing regulations
USE OF FINANCING
Purchase of a land plot
TERMS
Land valuation to be conducted by
a real estate evaluator approved by
the Real Estate Regulatory Authority
(RERA) and Eskan Bank
The land being purchased must
be zoned as residential and free
of any legal disputes, liens,
or
encumbrances
The property is mortgaged to the financing bank.
There are no restrictions on the land construction period
The land can be built through
additional financing as per the
Tas'heel Program, or through
personal financial resources
Repayment term up to 30 years
Financing can be obtained from partner banks.
Advantages of “Tas’heel Aqaree”
Coverage of real estate registration fees for the financing amount value
Coverage of life insurance
No requirement for a maximum property price limit
The possibility of benefiting from a larger financing amount if the deduction rate is increased voluntarily
In the event of early repayment by the beneficiary, the financing amount received by the citizen decreases due to benefiting from the full government support in advance.
Fixed monthly installment
Immediate service
The first installment starts after 6 months
TAS’HEEL AL BAIT AL OUD
You have some space at
your father's home?
And you want to build a
house in it?
ELIGIBILITY
Age
21 - 50
Monthly Income
1,200 - 150
Maximum Financing Amount
70,000 BD
Subject to terms and conditions as per the housing regulations
USE OF FINANCING
Purchase a housing unit
Purchase a land plot
Purchase a land plot and construct on it
Construct a housing unit
Addition to an existing building
Purchase a building and add to it
TERMS
The beneficiary can purchase or
build a housing unit in the form
of an apartment or an attached/
independent annex to the main
family home
The home can be bought or built
on a real estate owned by up to
the fourth degree relative of the
husband or wife
The property is mortgaged to the financing bank.
Repayment term up to 30 years
Ownership of the home
can be transferred to
the applicant as shares
on a pro rata basis or by
issuance of an individual
separate title deed
Financing can be obtained from partner banks.
TAS’HEEL TA’AWON
Your idea is to live
among your friends or
family?
ELIGIBILITY
Age
21 - 50
Monthly Income
1,200 - 150
Maximum Financing Amount
70,000 BD
Subject to terms and conditions as per the housing regulations
USE OF FINANCING
Purchase a housing unit
Purchase a land plot
Purchase a land plot and construct on it
Construct a housing unit
Purchase a building and add to it
TERMS
Buying or constructing a property in the form
of an apartment building, apartment complex,
or attached dwellings or compound
The property’s value must cover the aggregate
financing amount. The ownership of the property to be transferred in case of purchase or
construction to the group beneficiaries under
separate title deeds or the pro rate of their
ownership within the property
Beneficiaries within the group must be in
agreement if a new applicant is added to
Tas'heel Ta'awon
A group of applicants can apply together to
purchase, or construct one collective property
through Tas'heel Ta'awon
Repayment term up to 30 years
The property is mortgaged to the financing bank.
Prior to the issuance of the
decree, a new applicant or
an existing applicant can join
Tas'heel Ta'awon
Financing can be obtained from partner banks.
Tasheel Financial
Eskan Bank
Ahli United Bank
Al Salam Bank
AlBaraka Islamic Bank
ASB Currently
Bahrain Islamic Bank
Bank of Bahrain and Kuwait
Khaleeji Bank
National Bank Of Bahrain