HOUSE RENT FINANCING
This is a kind of consumer financing that enables paying the annual rental value of a house in advance on behalf of the tenant to the landlord and to take repayment in 12 months term in equal monthly payments from the tenant.
- House rent financing is available in 12 month-term in 12 equal instalments.
- You can review monthly profit rates at the page Finance Profit Rates and Fees
Rent payments are now more comfortable! How?
- If you pay your rent on a monthly basis; we pay your 1-year rent in advance, and you have the opportunity to negotiate your rent with your landlord.
- Or, you need to pay your rent annually in advance, but you have difficulties? We pay your annual rent; you repay monthly to us easily.
- Only real persons can benefit from our product.
- If you are 18 years old and over, you can apply for house rent financing.
- If you want to take advantage of house rent financing, you must provide rental contract, a copy of the real estate deed, ID card, and income statement. If you're a paid employee, you must provide payroll or a document showing your net salary certified by your company.
- You can visit the nearest Albaraka Turk branch with the required documents, fill out the application form and start the application process.
- If you do not have any missing information or documents, you can learn the result of your application within approximately 24 hours.
- For more information and other banking transactions, you can call Alo Albaraka at 0850 222 5 666 or 444 5 666.
- Allocation Fee: It will be charged as 0.50% (five in a thousand) of the funding amount for all terms.
- Personal Accident Insurance: It depends on the person.