Consumer Loans
Designed to meet your various financial needs
Consumer Loans
The Consumer Loan is designed to provide you with flexible financing solutions to support a wide range of personal needs. Whether you are looking to purchase a car, upgrade household electronics, or cover educational or medical expenses, this loan offers the financial support to help you move forward with ease.
With flexible repayment terms and competitive financing limits, the Consumer Loan allows you to manage your commitments comfortably while maintaining control of your budget.
The Consumer Loan gives you the flexibility to achieve your goals and meet your financial needs with confidence.
Loan Amount Limits:
Maximum: KD 25,000 or 25 times net salary, whichever is higher
Loan Terms:
Minimum: 12 months – Maximum: 60 months
Benefits
Finance the purchase
Finance the purchase of consumer durable goods and any expenses
Repayment period
Choice of repayment period from 12 months to 60 months
Interest is deducted monthly
Interest is deducted monthly and calculated on reducing loan balance
Eligible Applicants
Minimum Net Salary: KD 400
Employer: Government, semi-government, KIPCO Group companies, approved companies
