SAIB Financial institution (Arab Global Banking Firm Bank) gives diverse funding plans to its purchasers to meet the requirements of their distinctive categories, together with the SAIB actual estate funding program in accordance to the Central Bank’s initiative for center money folks to finance the order of housing units.
“Al-Mustaqbal” examines the specifics and rewards of the SAIB Real Estate Financing Plan in accordance with the Central Financial institution Initiative for Center Income People of SAIB Financial institution.
Rewards of the SAIB Property Financing Method for Middle Income Folks
Funding is available for employees (community / personal sector), business people and Egyptians doing the job overseas
Funding can be built in numerous governorates of Egypt and in the towns of the new city communities
The value of the loan can reach up to 80% of the value of the property.
Funding interval up to 20 yrs
Minimized rate of return 8% (preset rate for the entire funding period)
The possibility of combining the spouse / wife’s cash flow
Life coverage and full disability insurance throughout the financing period.
Fire coverage for the unit all through the funding interval
Phrases of the SAIB household finance system for center cash flow persons
The greatest cost for a household unit is EGP 2,250,000.
The maximum space for a housing device is 150 sq. meters web.
The price of all monetary bonds with serious estate payments should not exceed 40% of the overall revenue
The least age of the shopper is 21 many years aged
The greatest age of the consumer at the expiry of the final installment have to not exceed 60 decades for employees and 65 yrs for self-used and self-employed staff
– Person regular cash flow: Unique cash flow should not be less than £ 3,500 and must not exceed £ 40,000
The regular money of the family: the family revenue have to not be fewer than 5,700 lire and not additional than 50,000 lire
–
