How much is the sanction fee?

A statutory processing fee equivalent to 1.5% of the market value of the property is charged for the processing of the application.

In the case of a leasehold interest, a processing fee equivalent to 1.5% of the annual rent is payable.

In the case of purchase of shares in a company owning an interest in immovable property, a nominal processing fee of SR1,000/- per application is payable.