Ministry clarifies on housing loan exemptions in Oman

Oman Thursday 15/April/2021 13:40 PM
By: Times News Service
Ministry clarifies on housing loan exemptions in Oman

Muscat: The Ministry of Housing and Urban Planning clarified the documents required for  citizens to receive exemptions from paying housing loans as part of the social protection initiatives package.   

Based on the directives from His Majesty Sultan Haitham Bin Tarik, citizens whose salary is less than OMR 350 as of April 9, 2021 are eligible for loan exemption. However, the Ministry has issued a set of documents that is required for the exemption.   

1- A recent salary certificate issued by the employer, which was issued not more than one month ago.

2- The total monthly income of the owners of trades and professions according to a letter from the sheikh of the region approved by the office of the governor.

3- Proof of non-work for non-employed and retired persons from their work.

Citizens must submit these documents “Not later than two months from the date of issuance of the announcement, in order for the Ministry to implement the supreme order." the statement added.