Minimum Salary Salary Transfer Islamic Finance Maximum Term Flat Rate Reducing Rate
QNB Al Ahli - Affordable Housing Loan - Baitak Ma’ana QNB Al Ahli - Affordable Housing Loan - Baitak Ma’ana Minimum Salary: EGP 0 Salary Transfer: Yes Early Settlement Fees: No Maximum Term: 20 Years Flat Rate: 10.5% Reducing Rate: 18.9%
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Baitak Ma’ana program enables you to purchase an apartment with subsidized interest rate and no extra financial burden according to the Central Bank of Egypt initiative for low and middle-income clients.

Benefits:

 
• Finance that could reach up to 90% of the unit value
• The residential unit value could reach EGP950,000
• Repayment duration could reach 20 years.
• Freedom to choose the unit you want, in all of the governorates
• Free life and property insurance benefits throughout the loan duration
• Make use of our legal expertise to ensure the soundness of the unit documents you want to purchase
• Benefit from having your unit evaluated by registered appraisers for free
• Subsidized decreasing interest rate fixed over the loan period 5% or 7% for low-income clients and 8% for middle-income clients and 10.5% for upper middle-income clients according to the Central Bank of Egypt initiative
• There is no extra financial burden
 
Features
  • Available for employed and self-employed
  • Loan amount that could reach EGP855,000
  • Available for Egyptians only
  • Client age starts from 23 to 60 years old for employed and 65 years old for self-employed at loan maturity
  • Taxes and fiscal stamps apply based on the current laws and regulations
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