Khaleeji Commercial Bank B.S.C Personal Loan in Manama
|Minimum Salary needed||Not mentioned|
|Maximum amount available||BD 400,000|
|Length of Loan||Not mentioned|
|Profit Rate||Not mentioned|
|Upfront Fees ( if any )||Arrangement Fees 1% of the Finance Amount or minimum BHD250|
|Eligibility||Financing up to 85% of property value; Residential and commercial properties; Financing for Bahrainis and expatriatesValid passport copy & original Smart Card (Resident Visa page for Non-Bahraini);|
|Main Features||90-days grace period; Low processing fee;|
Khaleeji Commercial Bank
Khaleeji Commercial Bank BSC is one of the Islamic commercial banks operating in Bahrain. The bank is compliant with Shariah law requirements and values as it pursues the realization of its mission.
KHCB has its head quarters in Manama, the Kingdom of Bahrain and it is listed on the Bahrain Stock market. KHCB deals in a wide-spectrum range of innovative commercial banking and Investment products and services to individual and corporate customers.
The bank’s mission and vision is tailored around empowering its customers and building lasting relationships with them so as to make valid contribution to the economic progress of Bahrain and the larger MENA region.
Manama is Bahrain’s largest city and its principal economic and cultural nerve center. At the moment, the city has an approximated population of 157,000 inhabitants. Manama has a heritage of being a choice mercantile hub in the Middle East region and it has a cosmopolitan population.
After undergoing streaks of Portuguese and Persian domination and recurring invasion from Arabian and Omani dynasties, Bahrain achieved its independence.
Since the Kingdom achieved its independence, Manama has slowly transformed into a prime hub in Bahrain and its official gateway. The presence of petroleum wealth in Bahrain has immensely contributed to the city’s swift growth .For the last 20 years , a concerted diversification strategy has brought a revolution in other core industries and further to shape Manama into a choice commercial destination in Bahrain and the larger MENA region.
Our personal loan is a vehicle designed to ferry you from personal dreams to personal fulfillment where your dreams come true, whatever they may be.
Features and benefits:
- Highly competitive profit rates;
- Fast approval within 24 hours;
- Pay first installment after 120 days;
- Applicable for employees, retirees and self-employed; and
- Minimum salary BD 300.
Requirements for the employed and self-employed:
- Valid passport copy & original Smart Card;
- Latest original salary certificate;
- Latest original salary slips ;
- Original 3- month personal bank statements in the bank where salary is credited;
- Liability letter from bank/financial institution in original in case of refinancing; and
- Copy of valid Commercial Registration.