Burgan Bank’s Consumer Loan is designed to help you manage your personal needs for education expenses, medical expenses, unexpected bills or simply to add flexibility to your everyday financial requirements. Consumer Loans can be tailored to fit your individual needs.
- Loan amount up to KD 15,000 with minimum amount of 1000 KD
- Flexible loan repayment period of 12 to 60 months
- Interest is deducted monthly and calculated on reducing loan balance
- Salary certificate and salary transfer is generally required
- Monthly installments of loans and other financial liabilities should not exceed 40% of (net monthly salary or / regular income) for employees and 30% for retirees