If you are Turkish citizen and buy your first house, you can benefit from up to 20% 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 519,16 TL.
- Housing Account cannot be opened as a joint account and cannot be transferred to another bank due to legal obligation.
- 0% 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.