Alliance Housing Bank (AHB) Payment Holidays offer

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The grace period has been appropriately labelled a 'Payment Holiday' as it is indeed just that. AHB firmly believes that a lot more goes into making a house a home, and as such are providing their customers with the ability to use their money for home furnishings and appliances during their 'Payment Holiday'.

AHB customers can benefit from a staggering 18 months for customers repaying loans used for construction! 6 months for customers repaying loans used to purchase land or property and 3 month payment holiday on loans used for refinancing existing loans from other banks.

Mr. Karim Boukarroum, Head of Marketing at AHB, said: 'Based on experience, our customers require a lot more in order to turn their house into a home. We wish to provide them the facility to purchase furniture, appliances, decorations, and landscaping; transforming their new property into a place they can truly call home.'

He added, 'During the payment holiday the monthly interest fee will be added to the outstanding balance, so customers are clear on the terms of the offer before they decide'