Short-term Finance

Benefits

• Short-term consumer cash finance. 
• Competitive low rates.   
• You can apply for the short-term finance repeatedly under the finance’s terms and conditions.

Eligibility

• Kuwaiti customers transferring their salary to a Boubyan account.

Fees

• No special fees apply to the finance. However, a KD 50 vendor payment is included within the transaction.

Terms and conditions

• All terms and conditions of a regular personal finance apply. 
• You can apply by visiting the branch. 
• Public sector employees can avail the offer with no additional conditions.
• For private sector employees, the customer should be an employee of the listed companies and should have completed the probation period. 
• Minimum finance amount KD 1,000 and maximum amount KD 10,000.
• Tenure: minimum 1 year, maximum 2 years  
• Monthly installments
• The finance amount should be within the consumer maximum limit (KD 25,000).
• The finance amount will be deposited directly into the salary account. 
• The customer cannot have multiple short-term finance simultaneously.
• A customer can apply for another short-term finance only after fully paying the previous finance. 
• The customer can apply for a regular personal finance if he still have an outstanding short-term finance balance subject to the debt burden ratio.