This service allows citizens with low incomes a residential loan to buy, build or complete an existing house. The loan is paid in monthly installments and without benefits.
Conditions and regulations:
The applicant must be:
Omani nationality
To be married or a family, and that he is not less than 21 years old
- Not to be an owner or his wife for any property or land equivalent to the value of the residential loan
- He should not be an owner, or his wife, a residence housing, or he disposed of any kind of legal actions in order to benefit from the loan.
He or his wife had to have benefited from a residential loan or residential assistance
He should not be an employee in the provision of a housing loan system for its employees
- The total monthly salary should be between 301 to 500 Omani riyals