Warba Bank - Consumer Finance

WarbaBank

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Take the opportunity and achieve your goal!

You can now own a car, boat, furniture, electronics and others. In compliance with Sharia principles consumer finance, achieving your goals has become easier than ever. Simply specify your needs and we will finance you to buy them with the best competitive profit rates in the market. Dream big and leave the rest to us!

Consumer Finance Contract View Product Details

Financing up to KD 25,000

Competitive profit rates

Salary transfer is not required

Benefits:

Financing up to KD 25,000.
Flexible monthly instalments starting KD 30.
Salary transfer is not required.
No down payment required.
Up to 6 months grace period.

Conditions:

Customer shall be 18 years or above.
If the customer is below 21 years old, his guardian shall sign on his behalf.
Customer salary shall not be less than KD 300.
Monthly instalments for employees shall not exceed 40% of the net salary including all commitments (and 30% for retired customers).
Minimum financing of KD 1,000 and a maximum of KD 25,000.
Shortest payment period of 6 months up to 60 months.

Required Documents:

Civil ID.
Account statements for the last 3 months (6 months for private sector employees).
Salary certificate and salary continuation certificate.
Authorized signatory and PIFSS certificates (private sectors employees).
Passport copy (for non-Kuwaitis).
Salary certificate from MGRP (private sector employees).