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Project Kaheel is one of the developments of Mohammad Al Habib Real Estate, and the bank offers financing solutions for residential units through the off-plan sale product.
Features:
- Financing term up to 30 years (25 years for housing support beneficiaries, 30 years for non-beneficiaries).
- Financing can be extended beyond retirement age up to 75 years (or 77 years for retirees).
- Competitive, fixed profit margin for the entire financing period.
- Grace period on the principal installment of up to 36 months for supported customers.
- Option to use the flexible installment feature.
- Fully compliant with Islamic Sharia principles.
- Competitive annual profit rate starting from 1.10%.
How to redeem
Visit the nearest branch, call 800 124 1222, or contact the bank’s representatives at the project’s sales centre.
Terms & conditions
- Offer valid until all units are sold out (34 units)
- Client must be Saudi or a non-Saudi holding a distinguished residency permit
- Client must be employed in the public or private sector
- Net monthly income must be at least 5000 SAR (15000 SAR for non-Saudis)
- Salary transfer is not required
About the merchant — Mohammad Al Habib Real Estate
A leading real estate development company in Saudi Arabia, offering residential, commercial, and mixed-use projects.
alhabibinv.com
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