Personal Loan Terms & condition

Immediate Loan

1. Salary domiciliation with the bank
2. Life insurance for the borrower provided by the bank
3. Professional/Employment ID
4. Service continuity confirmation letter
5. Commitment letter issued by the relevant department, including (job title, duration of service, basic salary, total net salary, outstanding loans and guarantees), properly signed and stamped.

Special Loan - Up to 20 Million Dinars

1. Salary domiciliation with the bank
2. Life insurance for the borrower provided by the bank
3. Professional/Employment ID
4. Service continuity confirmation letter
5. Commitment letter issued by the relevant department, including (job title, duration of service, basic salary, total net salary, outstanding loans and guarantees), properly signed and stamped.

Special Loan - From 21-35 Million Dinars

1. Salary domiciliation with the bank
2. Acceptable guarantor(s) for the bank
3. Life insurance for the borrower provided by the bank
4. Professional/Employment ID
5. Service continuity confirmation letter
6. Commitment letter issued by the relevant department, including (job title, duration of service, basic salary, total net salary, outstanding loans and guarantees), properly signed and stamped.

Special Loan - From 36-60 Million Dinars

1. Salary domiciliation with the bank
2. Acceptable guarantor(s) for the bank or an acceptable mortgage for the bank
3. Life insurance for the borrower provided by the bank
4. Professional/Employment ID
5. Service continuity confirmation letter
6. Commitment letter issued by the relevant department, including (job title, duration of service, basic salary, total net salary, outstanding loans and guarantees), properly signed and stamped.