About

Loan is granted to finance the house purchase / construction / renovation


Who Can Apply?

  • All CBK customers
  • Minimum loan amount is KD 1,000 and maximum is KD 70,000
  • Minimum loan period is 24 months and maximum is 180 months
  • Installment amount should not exceed 40% of the net monthly salary for employees and 30% for pensioners  of the net monthly salary
  • With the option to insure the loan with 2% of the loan amount


The borrower Age:

  • Kuwaitis: Minimum 21 years and maximum is 68 years, (Final installment should be due before ending the age of 70 years).
  • Non Kuwaitis: Minimum 21 years and not exceeding 58 years old, (Final installment should be due before ending the age of 60 years).


For Kuwaitis

  • Minimum monthly salary required is KD 350
  • Minimum employment tenor  is:
    • 1 month for Kuwaitis employed in governmental sector.
    • 6 months for Kuwaitis employed in the private sector.
  • As for pensioners: retirement salary should be transferred to the account at Commercial Bank for 3 months.


Non-Kuwaitis:

Salary RangeMinimum EmploymentEligible AmountLoan Tenor
GCC Citizens From KD 400 1 year 20 times of salary plus accrued end of service indemnity to a maximum of KD 50,000 10 Years
Non-Kuwaiti Starting from KD 400 4 months 15 times of salary or accrued end of service indemnity whichever is higher 10 Years
Nurses 1 year 20 times of salary plus accrued end of service indemnity to a maximum of KD 30,000 10 Years
Non-Kuwaiti Starting from KD 550 2 years 15 times of salary plus accrued end of service indemnity to a maximum of KD 30,000 10 Years
Starting from KD 1700 2 years and working in Private Sectors 25 times of salary plus accrued end of service indemnity to a maximum of KD 50,000 10 Years
Starting from KD 1700 3 years and working in Government Sectors 15 times of salary plus accrued end of service indemnity to a maximum of KD 50,000 7 Years


Interest Rate 

The current interest rate on a new loan is fixed at just 6% per annum and calculated on a reducing balance basis


What Should I know?

  • Minimum loan amount is KD 1,000 and maximum is KD 70,000
  • Minimum loan period is 24 months and maximum is 180 months.
  • For loans exceeding the 5-year repayment period, your interest rate will be reviewed every 5 years, provided that the maximum increase or decrease in interest rate will not exceed 2% of the applicable interest rate, as per Central Bank of Kuwait regulations.
  • You have the option to insure your loan.
  • You can settle the loan early at any time without paying any fees or future interest.


What Do I need?

  • A copy of your Civil ID
  • A Kuwait Military ID is required for MOI, MOD and National Guards
  • Your salary certificate
  • A salary transfer continuation certificate



Apply Now For Housing Loan