Joint Housing Purchase Scheme
The Joint Housing Purchase Scheme provides innovative mortgage solutions for Ministry of Housing beneficiaries, enabling you to purchase and live in your dream home, or purchase land to build your future home.
Apply
Process
A seamless and easy process to get your financing and start enjoying your every day.
-
Prepare Documents
Prepare the required documents for this type of financing after checking your eligibility.
-
Contact Us
Give us a call +973 1721 4433, and we’ll guide you through the process, answer any questions, and ensure a smooth experience.
-
Submit Application
Submit your application along with the required documents to the bank representative for processing.
Eligibility
The different eligibility criteria you need to meet to open this type of financing.
-
Bahraini
Available to Bahraini citizens over the age of 21 and need to have a minimum monthly salary of BHD 320.
Required Documents
The required documents for this type of financing.
-
Bahraini
You will require a valid government-issued Identity Card (CPR) or 2 valid identification (ID) Documents. Submit your financial documents including the latest Salary Slip, Original Salary Certificate and a Bank Statements from the last 6 months. Provide a copy of title deed along with Eskan Bank Acceptance Letter (for approved social loans), Eskan Bank Outstanding Letter (for active social loans) and other Bank Outstanding Letter (if required).
Let us know, we’d be more than happy to help and support, reach out to us
Terms & ConditionsMortgage Financing
Our mortgage financing options will help you purchase property or live in the home of your dreams with security and ease.
Direct
Enjoy the journey to your dream home with our direct home financing solutions, providing personalised options and competitive rates tailored to your unique requirements.
Home Financing
A diverse range of options to ensure your investments are safe, providing you with the flexibility to achieve your homeownership dreams.
- Grace Period: Enjoy up to 6 months grace period before starting your repayments.
- Low Interest Rates: Enjoy competitive interest rates on your mortgage.
- High Financing Amount: Get a maximum home finance of up to BHD 350,000.
- Flexible Repayment: Pay in equal monthly installments with a flexible repayment period of up to 360 months.
- Quick Processing: Experience a quick, easy, and convenient processing system to secure your home sooner.
- Combined Income: Secure a larger finance amount by combining your spouse’s income.
- Promotions & Prizes: Take advantage of year-round promotions and exciting prizes.
Home Equity
Release the value of your home and get the funds you need for various investment, home renovation, or debt consolidation needs.
- Grace Period: Enjoy up to 6 months grace period before starting your repayments.
- Competitive Interest Rate: Benefit from attractive interest rates on your home equity financing.
- High Financing Amount: Borrow up to 85% of your home’s value, with a maximum finance value of up to BHD 350,000.
- Flexible Repayment Terms: Enjoy flexible finance repayment terms of up to 240 months.
- Insurance Coverage: Life and fire insurance included for added security.
Home Abroad
Purchase property or invest in your dream home in Bahrain while abroad, ensuring a seamless and convenient process even while you are away.
- Grace Period: Enjoy up to 6 months grace period before starting your repayments.
- Competitive Interest Rates: Enjoy attractive interest rates on your mortgage.
- High Financing Amount: Borrow up to a substantial portion of your property value.
- Flexible Repayment Terms: Benefit from flexible repayment terms tailored to your needs.
- Inclusive Insurance: Life and fire insurance included for added security.
- Seamless Processing: Quick and easy processing to facilitate your home purchase from abroad.
Social Housing
Experience the support of government-backed home financing, offering secure and competitive options with favorable terms to help you achieve homeownership effortlessly.
Mazaya Finance
In collaboration with the Ministry of Housing, purchase your dream home by providing comprehensive financing solutions.
- Grace Period: Enjoy up to 6 months grace period on Mazaya Secondary Finance.
- Attractive Interest Rate: Benefit from competitive interest rates.
- High Financing Amount: Borrow up to 100% of your home’s value, with a maximum finance value of up to BHD 120,000.
- Flexible Repayment Terms: Enjoy flexible finance repayment terms of up to 300 months.
- Insurance Coverage: Life and fire insurance included for added security.
Mazaya 2.0
Purchase your housing or land through subsidised mortgage financing facility through the Government of Bahrain.
- Grace Period: Enjoy up to 6 months grace period on Mazaya Secondary Finance.
- Attractive Interest Rate: Benefit from competitive interest rates.
- High Financing Amount: Borrow up to 100% of your property value.
- Flexible Repayment Terms: Enjoy flexible finance repayment terms of up to 300 months.
- Inclusive Insurance: Life and fire insurance included for added security.
- Amortised Property Registration Fees: Property registration fees are amortised with no interest and no fees.
Joint Housing Purchase Scheme
Innovative mortgage solutions for Ministry of Housing beneficiaries, enabling you to purchase and live in your dream home.
- Grace Period: Benefit from up to 6 months grace period.
- Flexible Repayment: Pay in equal monthly installments with a repayment period of up to 360 months.
- High Financing Amount: Joint finance of up to 100% of the property value.
- Amortised Registration Fees: Property registration fees are amortised with no interest and no fees.
- Inclusive Insurance: Life and fire insurance included for added security.
- Exclusive Promotions: Enjoy exclusive promotions with merchants.
Joint Housing Construction Scheme
Purchase your land through the National Bank of Bahrain and finance your home construction with Eskan Bank.
- Grace Period: Enjoy up to 6 months grace period.
- Flexible Repayment: Pay in equal monthly installments with a repayment period of up to 360 months.
- High Financing Amount: Joint finance of up to 100% of the land value.
- Amortised Registration Fees: Property registration fees are amortised with no interest and no fees.
- Inclusive Insurance: Life and fire insurance included for added security.
Tas’heel
The Tas’heel home financing from the National Bank of Bahrain offers an accessible path to homeownership for eligible Bahraini residents.
- Grace Period: Benefit from up to 6 months grace period before starting your repayments.
- Attractive Interest Rate: Benefit from competitive interest rates.
- High Financing Amount: Borrow up to 100% of your property value.
- Flexible Repayment Terms: Enjoy flexible finance repayment terms of up to 360 months.
- Inclusive Insurance: Life and fire insurance included for added security.
- Amortised Registration Fees: Property registration fees are amortised with no interest and no fees.
Let us know, we’d be more than happy to help and support, reach out to us.
Terms & Conditions
Need some help?
Have a question? Fill out this form to schedule a call and have someone reach out to you at your convenience from 9 AM to 5 PM, Sunday through Thursday.
