If you are Turkish citizen and buy your first house after 07.04.2015, you can benefit from up to 25% of the state contribution and make best use of your savings with high profit share by opening Housing Account at Albaraka Türk!
It can only be opened in TL currency.
As accumulative participation account with a maturity term of 3 years, it is opened with profit share rate of 80 (Customer) - 20 (Bank).
Housing Account can be opened with a minimum of 475,81 TL.
Housing Account cannot be opened as a joint account and cannot be transferred to another bank due to legal obligation.
10% Income Tax (stoppage) is applied to your gross profit due to legal obligation.
Profit is shared annually.
If you wish, you can give regular payment order from your Private Current Account.
Albaraka Türk does not charge account operation fee.
To open a Housing Account, you can visit the nearest Albaraka Türk Branch.