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