NBB announces special offers for properties in Diyar Al Muharraq

TDT | Manama

The Daily Tribune – www.newsofbahrain.com

The National Bank of Bahrain announced providing tailored financing solutions on lands and homes located in Diyar al Muharraq, in a step to offer its customers additional mortgage solutions across a wider area of the Kingdom.

The new mortgage offer on lands and homes at Diyar Al Muharraq area will enable customers to receive extremely competitive interest rates starting from 4.75%, for up to 25 years and up to 90% of the property value.

 Furthermore, NBB customers can also enjoy faster and more convenient processing times for their loan applications.

Subah AlZayani, Chief Executive of Retail at NBB, said: “In line with our commitment to support Real Estate projects in the Kingdom, we have tailored a special offer for customers seeking to move into newly developed domestic cities, such as Diyar Al Muharraq, to cater to their property buying needs, be it land or villa, with cost-efficient solutions.”

In addition to the bank’s previous mortgage solution offers, NBB has extended its housing solutions to all its customers by introducing bespoke real estate financing products such as Mazaya Finance and Joint Housing Finance, along with delivering more value by introducing interest-free land registration and life insurance repayments throughout the loan.

 Additionally, customer’s benefit from free fire insurance for all real estate financing services from NBB.