Burgan Bank Multi-benefit Credit loan (MBC) in Kuwait
Minimum Salary needed | Not mentioned |
Maximum amount available | KD 70,000 |
Length of Loan | 15 years |
Profit Rate | Not mentioned |
Upfront Fees ( if any ) | Not mentioned |
Eligibility | Salary certificate and salary transfer is generally required; Monthly installments of loans and other financial liabilities should not exceed 40% of monthly salary or income for employees and 30% for retirees |
Main Features | 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 multibenefits, such as higher loan amounts and lower interest rates |