Al Salam Bank celebrates Bahrain villa project handover

Al Salam Bank celebrates Bahrain villa project handover

The villas were handed over to the new owners during a ceremony held at Souq Al Baraha to celebrate the record-breaking turnaround time for processing financing applications since the inception of the project, said a statement from Al Salam Bank.

The ongoing collaboration between Al Salam Bank, the Ministry of Housing and Eskan Bank, is aimed at providing affordable housing solutions for Bahraini citizens.

Citizens eligible for the Mazaya programme looking to purchase a house within the Deerat Al Oyoun project will gain from exclusive benefits such as instant approvals on financing, the waiver of both down payment and administrative fees, competitive profit rates, and free property insurance.

Moreover, beneficiaries will have the chance to earn free loyalty points as part of Al Salam Bank’s Loyalty Reward Program. In addition to the aforementioned advantages, Al Salam Bank surprised the first batch of homeowners with a gift worth BD500 each.

On the villa handover, Minister of Housing Engineer Basim Bin Yacob Al Hamer said: "We appreciate the unwavering commitment of Al Salam Bank in providing their financial services and solutions with incredible speed, which enabled the handover of the largest number of villas in the last phase of the Deerat Al Oyoun project, and the