Personal Loan Provided By Bahrain Islamic
Features of Bahrain Islamic Personal Loan
- The loan can be availed by both Bahrain citizens and Non-Bahraini nationals.
- 7 years is the maximum loan tenure that is offered.
- BHD 100,00 is the maximum loan amount provided.
- Reducing rate of 5.4% and a flat rate of 3% is offered by the bank.
Eligibility Criteria of Bahrain Islamic Personal Loan
- BHD 500 is the minimum income required in case of Non-Bahraini nationals.
- BHD 350 is the minimum income required in case of Bahraini nationals.
- The age of applicant should be 21-70.
- Transfer of the salary is mandatory.
- Minimum of 4 months work experience is mandatory for Bahraini nationals and 1 year of experience for Non-Bahraini nationals.
Bahrain Islamic Personal Loan Profit Rates
1 Bahrain Islamic Bank Personal Loans
Tas’heel Personal Finance
Features
- Both Bahraini and non-Bahraini nationals are eligible
- Maximum tenure of 7 years is provided
- Maximum loan amount of BHD 100,000 is offered
Features
- Both Bahraini and non-Bahraini nationals are eligible
- Maximum tenure of 7 years is provided
- Maximum loan amount of BHD 100,000 is offered
- Flat rate of 3% is charged and reducing rate of 5.4% is charged
- Applicant must be 21-70 yrs old
- Minimum work experience of 4 months(Bahraini nationals) and 1 yr(non-Bahraini nationals) is required
- Minimum income of BHD 500 is required for non-Bahraini nationals
Minimum income of BHD 350 is required for Bahraini nationals if the company is listed with the bank - Salary transfer is mandatory
Benefits
- High finance is provided
- Repayment period is 7 yrs
- Simple documentation
About Bahrain Islamic
BISB is the first Islamic bank in the kingdom of Bahrain and has played a pivotal role in excelling Islamic banking industry. Established in 1979, BISB provides retail, corporate and other banking services to the customers.
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