About
Loan is granted to customers against legal pledge on account or deposit / except current account
Who Can Apply?
- Minimum loan amount is KD 5,000
- Maximum loan amount as the following:
- 90% of the pledged amount in KD:(Block 111% of the loan amount required in Kuwaiti Dinars from the deposit)
- 80% of the pledged in foreign currency:(Block 125% of the loan amount required in Foreign Currency from the deposit)
Repayment of:
- Short term: minimum 3 months, maximum 12 months (1 year).
- long term: minimum 1 year (12 months), maximum 5 years (60 months). or due date underlying deposit account whichever is earlier for long term loan.
- Loan amount is to be repaid on a one payment basis or by monthly installments basis.
Interest Rate
- 2.5% for short term loan, over the discount rate of the Central Bank of Kuwait.
- 4% for long term loan, over the discount rate of the Central Bank of Kuwait.
Apply Now For Short / Long Term Loan

