NIC Announces Extending Periods of Premiums from (7) to (15) years for Bismayah Housing Units Buyers

NIC announced that an agreement had been reached on Tuesday Oct.4.2011 with the three governmental banks (Rafidain, Rasheed and TBI) to extend periods of premiums in to (15) years instead of (7) with granting grace periods that starts after paying the down payment according to a newly accredited repayment schedule which is to be announced soon through the media and the NIC official website.