NBB Announces Exclusive Offering on Final Phase of “Deerat Al Oyoun” Real Estate Development Project

7th November 2021

The National Bank of Bahrain (NBB) announced an exclusive offering extended to Mazaya and Joint Housing beneficiaries on the final phase of the “Deerat Al Oyoun” project, with a cash prizes up to BHD 1,000 for the first 30 applicants. Facilitating the process for its customers, NBB will also be participating in the upcoming roadshow organised by Eskan Bank.

The real estate development project located in Diyar Al Muharraq will have a grand total of 1,061 villas for sale, and offers an exclusive financing package designed specifically for customers under the Mazaya Finance scheme or the Joint Housing Finance.

In addition to the cash prize, customers who wish to buy their dream home from Deerat Al Oyoun will avail an attractive interest rate along with loan amounts covering the property value, a tenor period of up to 30 years, and a fast and seamless approval process. Customers will also have their processing and land evaluation fees waived in addition to free insurance coverage against fires.

In addition, NBB will pay the property registration fees on behalf of Mazaya customers, and will waive the life insurance premium on secondary loans within the Mazaya Financing Scheme as well.

Commenting on the announcement, NBB’s Chief Executive of Retail Banking, Subah A.Latif Al Zayani, said: “In a short period of time, NBB has positioned itself as one of the preferred Mazaya and Joint Housing Finance providers in the Kingdom. We are focusing our efforts on alleviating the pressures of owning a new home by covering registration fees, while providing our clients with peace of mind through our free life and fire insurance policies. In appreciation of our strategic partnership with Eskan Bank and the social value they deliver to our community, we are pleased to extend this exclusive offer to buyers in the Deerat Al Oyoun project, remaining closer to them as they move into this next exciting phase of their lives.”

NBB customers who are interested in purchasing a property in “Deerat Al Oyoun” will benefit from NBB’s packages and exclusive offers. For more information, please contact 17214433, visit www.nbbonline.com, or get in touch with the team located at Eskan Bank and the Show Villa in Diyar Al Muharraq.