National Bank of Bahrain Flexi credit
Features
- Maximum tenure provided is 1 year
- Only Bahraini nationals are eligible
- Flat rate of 3% and reducing rate of 5.4% is charged
- Minimum salary of BHD 500 is required
- Maximum loan amount provided is BHD 10,000 or 10 times the monthly salary(whichever is lower)
Benefits
- Can avail loan renewal facility
- Can get insurance for the loan
Frequently Asked Questions
Q. What are the charges for renewal of the loan?
A. BHD 30 is charged each time for renewal of the loan.
Q. Can I extend the credit limit provided?
A. Yes. BHD 30 is charged for credit limit extension.
Q. What are the charges for insurance?
A. BHD 0.258 p.m./per 1000 is charged for insurance.
National Bank of Bahrain
NBB was established in 1957 and is the first locally owned bank in Bahrain. With its steady growth, NBB has developed 25 branches and 61 ATMs and stood as the leading provider of retail and commercial banking services. Their services include personal banking, business banking etc.,