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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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Loans for the purchase of residential homes

rocky
rocky
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Join date : 2012-12-21

Loans for the purchase of residential homes Empty Loans for the purchase of residential homes

Post by rocky Wed 09 Mar 2022, 5:38 am

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[size=52]Loans for the purchase of residential homes[/size]

[size=45]Yesterday, Monday, Al-Rafidain Bank launched real estate loans amounting to 150 million dinars to purchase a residential house.[/size]
[size=45]And the media office of the bank, received by (Al-Mada), said that “the bank decided to grant real estate loans to employees whose salaries are settled with the bank and citizens for various real estate purposes in accordance with the controls and conditions.”[/size]
[size=45]The statement added, "The bank grants 50 million to the employee who is a resident, his salary with the bank to restore, rehabilitate, build or buy residential homes, at 5% interest, and the repayment period is 10 years, and with the guarantee of the Master Card and the guarantor of a civil employee whose salary is on the bank exclusively with the mortgage of the property required to be restored or rehabilitated. Or build it or buy it.[/size]
[size=45]He added: “As for what exceeds 50 million dinars, up to 125 million, it is granted to the employee’s domicile, whose salary is owed by the bank to buy a residential house, at 5% interest, and for a payment period of 10 years, and with the guarantee of the employee’s MasterCard card, and the sponsor of a civil employee whose salary is on the bank, in addition to mortgaging the property of the house to be purchased.” .[/size]
[size=45]He pointed out that “the bank grants 150 million to the resident employee, his salary on the bank for the purpose of buying a residence, with an interest of 4 percent, and the payment period is 10 years, with the guarantee of the master card for the employee and the sponsor of a civil employee whose salary is with the bank, in addition to mortgaging the property of the house to be purchased.”[/size]
[size=45]He explained that "the bank grants citizens a loan of 50 million for the purpose of repairing, rehabilitating, building or buying residential houses, at an interest rate of 5 percent, and the repayment period is 10 years, with a guarantee of the sponsor of a civil employee whose salary is on the bank, in addition to mortgaging the property required to be restored, rehabilitated, built or purchased."[/size]
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