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Personal Finance


Experience life to the fullest with KHCB’s flexible Shari’a compliant Personal financing scheme. KHCB Personal financing can be used for education, marriage and even the trip of a lifetime. Our flexible financing is available to employees, as well as self-employed. Its flexible financing to get you Moving Forward!


• Competitive Profit Rates.
• Fast Approval.
• Grace period of up to 120 days.
• Applicable for employees, retirees and self-employed.
• Minimum Salary BD 300.
• Terms & conditions applied.


REQUIRED DOCUMENTS:

EMPLOYEES
• Valid passport copy & original Smart Card (Resident Visa page for Non-Bahraini).
• Original salary certificate (not more than 30 days old).
• Latest original salary slip (in case of variable pay last 3 months).
• Original 3 months personal bank statements in where salary is credited.
• Liability letter from bank/financial institution in original in case of refinance.
• STL as per KHCB’s format.

SELF EMPLOYED
• Valid passport copy & original Smart Card (Resident Visa page for Non-Bahraini).
• Copy of valid Commercial Registration.
• Copy of Memorandum & Articles of Association.
• Audited Financial Statements for last 3 years (or)
• 12 months Bank statement required for business accounts.
• 6 month Bank statement required for personal accounts.
• In case of refinance a Liability letter from bank/financial institution in original is required.
• In case of other income (rental income) copy of valid lease agreements (Copy of title deed for the leased property) with tenant IDs.
• Undertaking to transfer business.
• Undertaking to transfer rental income.

PRODUCT INFORMATION

Self-Employed Financing Leaflet