Owning your dream home is a major milestone, and with Gulf Bank’s Housing Loan, it’s now more achievable than ever.
We offer flexible financing solutions to support the purchase, construction, renovation, or maintenance of your private residence, with loan amounts of up to KD 70,000 and a grace period of up to two years before your first installment.
Designed around your needs, our housing finance provides convenient repayment options, extended tenures, and manageable installment limits — giving you the confidence and peace of mind to plan your home, your way.
Who is it for?
-
Customers who seek to finance the purchase, construction, renovation and maintenance of private residence.
Benefits
-
Grace period option. First Installment after 12 or 24 months. (for Kuwaitis)
-
Up to 3 months installments extension per year.
-
Loan amounts up to KD70,000 offering flexible repayment terms at an annual interest rate of 6.5%.
Features
-
Repayment period from 1 to 15 years for Kuwaitis, and from 1 to 10 years for Expatriates.
-
Monthly payment cannot exceed 40% of income for salaried & 30% for pensioners.
Limitations
-
Salary must be transferred to Gulf Bank.