The Multi-Benefit Credit Loan is
an installment loan designed to finance non-commercial expenses, such as
maintenance, renovation or repair of your home. This loan provides
multi-benefits, such as a higher loan amounts and lower interest rates.
- Loan amount up to KD 70,000, with a minimum amount of KD 3,000
- Flexible loan repayment period of 24 to 180 months
- Interest is deducted monthly and calculated on reducing loan balance
- Salary certificate and salary transfer is generally required
- Monthly installments of loans and other financial liabilities should not
exceed 40% of (net monthly salary /
regular income) for employees and 30% for retirees
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