Introduction
In this updated 2025 guide, we highlight the top Algerian banks offering home financing and installment plans, with the latest rates and loan conditions.
Why choose carefully?
- Each bank has its own financing limits, duration, and interest/margin rates.
- Choosing the right one can save years of repayment stress.
Top 6 Banks for Home Loans in Algeria
1. Banque Nationale d’Algérie (BNA)
- Interest rate: around 5.75% – 6.25%.
- Financing up to 90% of property value.
- Term: up to 40 years.
2. Crédit Populaire d’Algérie (CPA)
- Financing up to 90%, 100% for borrowers under 40.
- Term: up to 40 years.
3. Al Baraka Bank Algérie
- Islamic financing (Murabaha) – no conventional interest.
- Profit margin: ~6.5% – 7%.
4. Al Salam Bank Algérie
- Product: “Dar Essalam” housing finance.
- Financing up to 60 million DZD.
- Term up to 30 years.
5. CNEP Banque
- Classic mortgage loans for buying or building.
- Conditions vary by borrower’s profile.
Smart Tips Before Signing
- Always request a full written simulation (APR, total cost, monthly payment).
- Check all legal property documents (title deed, registration).
- Compare and negotiate; some banks offer flexibility for early repayment.