BBK CONSUMER LOAN
Q: What is it?
A: Money borrowed from BBK against a specified interest rate to finance personal/consumer requirements
Q: Who Qualifies?
A: Any customer (Kuwaiti or Expatriate) with a monthly salary more than KD 250
Q: Up to how much I can borrow according to salary?
A: You can borrow up to 15 times your salary with a Maximum amount of KD 15,000
Q: I am a Kuwaiti, do I need a guarantor?
No, you don't need a guarantor
Q: I am an expatriate and my end of service is higher than the loan amount requested, do I need a guarantor?
A: No, you don't need a guarantor as long as the loan amount required is less than your job indemnity. But in case your indemnity is less than the loan we will require a Kuwaiti guarantor
Q: As a Kuwaiti, what documents do I require to apply?
A: 1- Civil ID, 2- Salary assignment Certificate to your account with BBK, 3- The last 3 month Bank Statements
Q: As an expatriate, what documents do I require to apply?
A: 1-Civil ID, 2- Salary and indemnity assignment certificate, or a Kuwaiti guarantor. 3- The last 3 month Bank Statements
Q: for what purpose this loan should be used?
A: For consumer expenses; i.e. buying a car, house-hold furniture and equipments, purchase of durable goods and items, paying education and medical fees etc…
BBK INSTALLMENT LOAN
Q: What is it?
A: Money borrowed from the Bank against a specified interest rate to fulfill your personal long term needs whether buying property, investing for the future, or settling short term high installment loans
Q: Who Qualifies?
A: Any customer (Kuwaiti or Expatriate) with a minimum monthly salary of KD 500.
Q: Up to how much I can borrow according to salary?
A: You can borrow up to 48 times your salary up to a maximum amount of KD 70,000
Q: I am a Kuwaiti, do I need a guarantor?
A: No, You don't need a guarantor as a Kuwaiti
Q: I am an expatriate and my end of service is higher than the loan amount requested, do I need a guarantor?
A: No, you don't need a guarantor as long as the loan amount required is less than your current job indemnity. But in case your indemnity is less than the loan we will require a Kuwaiti guarantor.
Q: As a Kuwaiti, what documents do I require to apply?
A: 1- Civil ID 2- Salary assignment Certificate to your account with BBK. 3- The last 3 month Bank Statements
Q: As an expatriate, what documents do I require to apply?
A: 1-Civil ID, 2- Salary and indemnity assignment certificate, or a Kuwaiti guarantor. 3- The last 3 month Bank Statements
Q: How is the product used?
A: To finance purchasing, renovation or maintenance of a house
Note: For additional information or to apply to any one of our products please do not hesitate to contact any of our customer service representatives at 242-0925.