installment loan
 

The installment Loan is  designed to finance non-commercial expenses, such as maintenance, renovation or repair of your home. This loan provides multi-benefits, such as a higher loan amounts and lower interest rates.

  • Loan amount up to KD 70,000, with a minimum amount of KD 3,000
  • Flexible loan repayment period of 24 to 180 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 / regular income) for employees and 30% for retirees
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