Amana Bank offers best home and apartment financing solutions
As non-interest based banking gains wider popularity amongst the public, Amana Bank’s Home and Apartment financing facility has been highly sought-after with the current real-estate boom.
Offering the best pricing in the industry, Amana Bank’s home and apartment financing solution is not only comforting to one’s wallet, but also has many people friendly features distinguishing it from the conventional financing solutions. Key notable features of customer benefit include the bank sharing the risk on the property and the bank not charging any penalties or fees from the customer on early settlements.
With Amana Bank’s unique financing facility, the bank will partner with the customer in buying or building the home and will let the customer buy back the bank’s share over a period of time. The bank will rent its share of the house to the customer so that the customer could enjoy the full usage of the house at all times.
With credit approval guaranteed within three days, customers can benefit from a special low rental on the first two million for 15 years, making rentals more affordable.
The solution avails the customer the option to purchase a bare land for construction; purchase a completed house or apartment; construct, renovate and extend one’s house or even refinance the costs incurred in purchasing or building a home. To benefit on the attractive schemes, customers also have the option of transferring an existing housing facility to Amana Bank.
Commenting on this unique financing solution, Amana Bank Retail Advances Head Ramakrishnan Kirubakaran said: “It is noteworthy to see the growing acceptance and penetration of our unique home and apartment financing solution based not only on affordability but also the unique features along with our promise to deliver utmost satisfaction. Amana Bank makes home financing more affordable to the low and middle income holders to own a place to call home and even settle their facilities early without any additional early settlement charges.”