Mazaya Program

Financing from a partner bank where monthly installments are subsidized by the government

ELIGIBILITY

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Age:
21 - 35
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Monthly Income:
600 - 1,200
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Subject to terms and conditions as per the housing regulations

USE OF FINANCING

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Purchase a ready to live in home valued up to BD 120,000




TERMS

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The beneficiary installment is 25% - 30% of monthly income (based on age

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The government subsidy is the difference between the total monthly installment and the 25% - 30% of the beneficiary’s income (percentage based on age)


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The Government subsidy decreases biannually based on the increase in beneficiary’s monthly income

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Repayment term up to 25 years



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