Bahrain Islamic Bank 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
- 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
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.