|
|
Short-term Finance
Boubyan’s short-term finance helps you complete easily and conveniently any personal renewal or update project with an up to KD 10,000 KWD financing at a low competitive profit rate. Apply now for the short-term finance to make the change you want at your convenience.
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.
