Al Baraka Housing Finance
 

Tenure

Financing can be availed from a period of 3 years to 20 years as per the following details:

Purchase of house  3 to 20 years, If new house is being purchased, otherwise the tenor will be 20 years minus the age of the house.
Construction of House
(Plot already owned by the customer)
3 to 20 years
Purchase of Land & Construction of House  

3 to 20 years
Purchase of land will be allowed only on the condition that construction will be started within 6 months of the purchase of Plot.

Renovation of House  3 to 5 years
 
 
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