A loan of up to 1.2 million QR granted to those eligible with reference to the issued letter from Department of Housing in the Ministry of Social Affairs.
||3,365 QR (if drawing the full loan amount).|
|Collection of Installments:
||Upon receipt of the full amount by the property owner.|
- The property on which the house is situated must not be smaller than permitted by the Ministry of Municipality & Urban Planning.
- The size of the building must not be smaller than 329 m2.
- The age of the building must not exceed 10 years from the date of the Completion of Construction certificate.
In case of death:
- Original land deed of property, and accompanying plans.
- Guarantee from the bank in which the customer deposits his or her wages.
- Copy of architectural drawings (A01) certified by Construction Planning.
- Completion of Construction certificate..
- Bank statement indicating the account number of the property owner.
- Identification of Heirs.
- Authorization by the persons whose names are listed in the Identification of Heirs of the applicant.
- Death certificate.