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  2. Conditions of Individuals Financing

Conditions of Individuals Financing

  • It must be employed in one of the approved establishments in the public or private sector
  • Salary is not less than 4000 for a government employee or retired, taking into account the retirement age of the military rank, 5000 for a private sector employee
  • Age is not less than 20 years and not more than 68 years for the retired person
  • The period of service is not less than 3 months for the government sector and 6 months for the private sector.
  • Good credit history
  • The allowable deduction rate for financing is 45% with the provision of real estate support up to 65% according to the controls of the Monetary Agency