Frequently Asked Questions
What is the maximum loan amount I can apply for to purchase a Car/Home... etc?
The maximum amount for housing loan is up to 1000000 jds ,the maximum amount for car loan is up to 150000 jds and the maximum amount for personal loans are 100000 jds.
I currently work for the Government can I apply for a personal loan?
Sure you can apply for a personal loan because it’s a target market in the banks.
How often can I apply for a personal loan?
You can apply for a personal loan after you end your probation period and you can renew it every six months
If I have taken a loan , What will happen if I quit my job?
First thing you should tell the banks that you quit and if you have a new job you should transfer your new salary to the bank and if you didn’t have a new job you should go to the bank to see how you will schedule your payments
If I quit my job can I make monthly payments directly to your office?
We can’t receive money from any customer so you should pay in your bank .
Can I make additional payments on my loan, will that lower the interest rate?
If you pay additional payments for your loan the total interest on your loan will decrease and the remaining tenor for your loan will decrease .
Will you finance the purchase of a used car?
Sure but the age for the used car must not be more than 10 years at the end of your loan and the age could change according to the bank polices
What if I get declined, can I apply for a different type of loan?
You can visit us to see the declining reasons and advice you how to solve it .
How long does it take for an approval or rejection of a loan process usually take ?
You will get your initial approval or rejection within 48 hours
If we need full explanation of the loan types we apply for is there a way to visit you in person to learn more ?
Sure we have a specialists employees to give you a full details even if you want any advices for your loans
If I already got a loan through a bank can you help me get a better interest rate on the ongoing loan ?
Sure you can get the best rate and the best conditions for your loans by applying with us .
Thank you very much!
You have successfully registered for the newsletter.