NBB announces new Tas’heel social housing finance offer

CONSTRUCTION NEWS

The National Bank of Bahrain (NBB) has introduced an exclusive offer for customers eligible for the ‘Tas’heel’ Social Housing Finance, bringing them closer to their homeownership ambitions.
 
The package includes a highly competitive interest rate on complementary ‘Tas’heel’ financing, with a special BHD500 cash gift for the first 30 clients, which will be deposited directly into their bank accounts. 
 
In addition, they will also benefit from free fire insurance, a repayment period of up to 30 years, a grace period of up to six months, waived processing fees on the additional finance and NBB’s fast-track approval process to facilitate a frictionless experience, the bank said.
 
Subah Abdullatif Al Zayani, Chief Executive – Retail Banking at NBB, said: “We are proud to collaborate on this national initiative for Tas’heel Finance, where we witness its demand and benefits to our clients. We are pleased to introduce our offer that allows Bahrainis to become homeowners with greater ease and convenience. 
 
“Our approach centres on providing tailored financing solutions, supported by an experienced advisory team to guide customers through a seamless process, ensuring they enjoy competitive rates and exclusive rewards. In alignment with Bahrain's social housing initiatives, we are committed to supporting the government's efforts to improve housing accessibility and affordability. By offering innovative financing options and exceptional customer service, we aim to contribute to the ongoing success of these initiatives.” – TradeArabia News Service

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