Rabitabank offers mortgage credits allocated through the Mortgage and Credit Guarantee Fund on more favorable conditions for everyone who wants to buy a house. So that, the annual interest rate on ordinary mortgage credits has been reduced to 8%, and the initial payment to the minimum limit – to 15%. The maximum amount of credits is 150.000 AZN and is issued for a period of 25 years.
Note: Ordinary mortgage credits are issued at 7% per annum to the employees of the enterprises corresponding to the list of companies receiving salaries from Rabitabank OJSC or approved by the relevant committee of the Bank.
On preferential terms, you can obtain mortgage credits up to 100.000 AZN at 4% per annum for a period of 30 years.
Mortgage credit shall be formalised on the most favorable conditions and promptly within only 10 business days after submitting the required documents for formalisation.