| Criteria | Requirement |
| Property | Must be in located in the Kingdom of Bahrain |
| Eligibility | Resident and Non Resident individuals whether Salaried or Self Employed, Corporates |
| Age | For Individuals:
Minimum age: 21 years Maximum age: 60 years for salaried Applicants and 65 years for self-employed applicants In case of Joint Applicants, the maximum tenor considered would be based on the maximum age of either of the applicants. |
| Limits on financing | Minimum: BD 20,000
Maximum: BD 1.25 million |
| Number of joint applicants | Maximum 3 |
| Minimum Income | Single Applicant: BD 350
Joint Applicant: BD 500 |
| Length of Service | Resident & Non Residents Individuals: Minimum 3 years of continuous service |
| Financing | For Individuals & Residents: Up to 90% of property value.
For GCC Residents: Up to 80% of property value. For Non Residents & Corporates: Up to 70% of property value |
| DBR (Debt Burden Ratio) Proportion of all monthly obligations to banks/financial institutions against Monthly Income | Maximum 55% |
| Insurance | Life Insurance required
Property Insurance required |
| Security | Depending on the type of financing, property will be either required to be registered in Sakana’s name or mortgaged to Sakana.
Security cheques |
| Other security | Security cheques Guarantees may be required depending on case to case basis |
| Repayments | Options:
Post Dated Cheques (PDC) Installment transfer directly from Employer Irrevocable standing order instruction from your bankers |
