What is a Home Loan? An Home Loan is finance provided by a bank or a financial institution to enable its customers to purchase or construct or improve their homes. Why Home Loan? Buying a home could be one of the biggest achievements of a person's life. In most cases, it takes an entire lifespan to fulfil the dream of purchasing one's own home. Selecting the ideal property involves a lot of research and planning. Arranging funds is probably the toughest and the trickiest part of the process. You could dip into your savings for the entire payment or decide to get a Home Loan at a good interest rate A decade or so earlier, borrowing from a bank used to be a cumbersome process but today financial institutions have simplified the entire Home Loan application and disbursement process. All leading financial institutions offer Home Loans with attractive interest rates, flexible repayment periods, quick turnaround times and unique product features. Before finalising on a lender, one must understand the intricacies of a Home Loan. How should I compare what each bank is offering me? Is there anything in the fine print I should be worried about? Krishna Solutions can help you get the ideal Home Loan - Let's Seal the Deal!

Fresh Loan Against Property Loan Against Property (LAP) is a type of secured loan. A secured loan is a loan where the borrower mortgages his or her asset or property as collateral to the bank or the other lending institution. LAP could be used for several personal and professional needs such as house renovation, business expansion, purchase of a new machinery and other requirements. Typically the banks and other lending institutions offer loan against residential, commercial and industrial property. A borrower usually gets a fixed percentage of the property value known as LTV (Loan To Value) as loan amount against the property. The loan to value (LTV) varies from one bank to another. Usually, the loan to value ranges from 40% to 70% of the property value. The borrower can continue using the property that is mortgaged with the bank for its respective use. Purpose of Loan Against property Loan Against Property could be used for several purposes mentioned below: Business Expansion - Purchase of a new property - Purchase of raw material - For immediate working capital requirement - Acquiring a new machinery - Investment in new technology for business Eligibility Criteria for Loan Against Property (LAP) To obtain Loan Against Property the borrower should fulfil the eligibility criteria. The following factors affect the loan eligibility of the borrower: Eligibility Factor Age - Minimum 21 years (At the time of loan application) - Maximum 65 years (At the time of loan maturity) - However, the age may go up to 70 years and above in special cases. Job Experience or Business Stability - Salaried Employees: Minimum of 2-3 years - Self-Employed: Cash profit of at least 3 years Credit Score - Good Credit Score - (650 and above is usually acceptable)

If you are a Consultant and Practicing Doctors working in a government/private clinic or a hospital, looking to expand your scale of operations to provide better service and treatment facilities, BBK Professional Loans for Doctors ties together multiple benefits along with quick approval turnaround time. Features & Benefits- Very competitive interest rate.- Repayment period of up to 84 months.- Loan amount up to BHD 200, 000.- Minimum 1 year of service.- Option to defer monthly payment as needed.- Convenient automatic payment deduction from your account.- Ability to top-up the loan.- Loan is covered under BBK Protection Scheme. Eligibility- Both Salaried and Private Practitioner.- All nationalities resident in Bahrain are eligible (residence permit valid for a minimum of 3 months).- Salaried individuals must be between 21 and 55 years of age.- Self-employed individuals must be between 25 and 60 years of age.- Minimum monthly salary of BD 1200. Documents Required- Original salary certificate.- Letter of undertaking for salary transfer and for non-Bahrainis indemnity/end of service benefits, or a third-party guarantee.- Non-BBK customers must provide bank statements (at least 3 months).- Last pay slip.- Original CPR/Smart Card & Passport.

What is a Home Loan? An Home Loan is finance provided by a bank or a financial institution to enable its customers to purchase or construct or improve their homes. Why Home Loan? Buying a home could be one of the biggest achievements of a person's life. In most cases, it takes an entire lifespan to fulfil the dream of purchasing one's own home. Selecting the ideal property involves a lot of research and planning. Arranging funds is probably the toughest and the trickiest part of the process. You could dip into your savings for the entire payment or decide to get a Home Loan at a good interest rate A decade or so earlier, borrowing from a bank used to be a cumbersome process but today financial institutions have simplified the entire Home Loan application and disbursement process. All leading financial institutions offer Home Loans with attractive interest rates, flexible repayment periods, quick turnaround times and unique product features. Before finalising on a lender, one must understand the intricacies of a Home Loan. How should I compare what each bank is offering me? Is there anything in the fine print I should be worried about? Krishna Solutions can help you get the ideal Home Loan - Let's Seal the Deal!

Fresh Loan Against Property Loan Against Property (LAP) is a type of secured loan. A secured loan is a loan where the borrower mortgages his or her asset or property as collateral to the bank or the other lending institution. LAP could be used for several personal and professional needs such as house renovation, business expansion, purchase of a new machinery and other requirements. Typically the banks and other lending institutions offer loan against residential, commercial and industrial property. A borrower usually gets a fixed percentage of the property value known as LTV (Loan To Value) as loan amount against the property. The loan to value (LTV) varies from one bank to another. Usually, the loan to value ranges from 40% to 70% of the property value. The borrower can continue using the property that is mortgaged with the bank for its respective use. Purpose of Loan Against property Loan Against Property could be used for several purposes mentioned below: Business Expansion - Purchase of a new property - Purchase of raw material - For immediate working capital requirement - Acquiring a new machinery - Investment in new technology for business Eligibility Criteria for Loan Against Property (LAP) To obtain Loan Against Property the borrower should fulfil the eligibility criteria. The following factors affect the loan eligibility of the borrower: Eligibility Factor Age - Minimum 21 years (At the time of loan application) - Maximum 65 years (At the time of loan maturity) - However, the age may go up to 70 years and above in special cases. Job Experience or Business Stability - Salaried Employees: Minimum of 2-3 years - Self-Employed: Cash profit of at least 3 years Credit Score - Good Credit Score - (650 and above is usually acceptable)

If you are a Consultant and Practicing Doctors working in a government/private clinic or a hospital, looking to expand your scale of operations to provide better service and treatment facilities, BBK Professional Loans for Doctors ties together multiple benefits along with quick approval turnaround time. Features & Benefits- Very competitive interest rate.- Repayment period of up to 84 months.- Loan amount up to BHD 200, 000.- Minimum 1 year of service.- Option to defer monthly payment as needed.- Convenient automatic payment deduction from your account.- Ability to top-up the loan.- Loan is covered under BBK Protection Scheme. Eligibility- Both Salaried and Private Practitioner.- All nationalities resident in Bahrain are eligible (residence permit valid for a minimum of 3 months).- Salaried individuals must be between 21 and 55 years of age.- Self-employed individuals must be between 25 and 60 years of age.- Minimum monthly salary of BD 1200. Documents Required- Original salary certificate.- Letter of undertaking for salary transfer and for non-Bahrainis indemnity/end of service benefits, or a third-party guarantee.- Non-BBK customers must provide bank statements (at least 3 months).- Last pay slip.- Original CPR/Smart Card & Passport.