Under Construction Loan
With Arab Bank Under Construction Loan, building your dream home could not be easier or more convenient. It is flexible and offers you a host of benefits, including:
- Competitive interest rates
- Loan tenure up to 25 years with Mortgage and 10 Years without Mortgage
- Financing up to 75% of property value, with the possibility to reach up to 100% of construction cost if the land value amounts to more than 30% of loan’s volume.
- Loan amount up USD 500,000 with mortgage and USD 100,000 without mortgage
- Grace period of up to 6 months
- Preferential insurance rates
- Financing of properties in all areas (A, B, and C)
- Loans buy -out facility available
- Pre-approved Credit Card
- Free Visa Electron Card and Internet Banking Service
- Loan Calculator
So why wait! Own your dream home today with Arab Bank Home Construction Loan!
|How to Apply
- Through our Online Application Form
- Call our Contact Center on 1800-333-333
- Visit any of our branches (visit our Branch Locator page here)
All loans and facilities are subject to the Bank’s approval.
Terms and Conditions apply.
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