Details and steps for obtaining a personal loan from the National Bank of Kuwait

yousef14 May 2022Last Update : 2 years ago
Details and steps for obtaining a personal loan from the National Bank of Kuwait

The Economy website displays the details and steps for obtaining a personal loan from the National Bank of Kuwait.

The National Bank of Kuwait website said on its website: Because you are always striving to improve your life for the better, whether it is obtaining a higher academic degree, performing a medical procedure or even buying a new computer, you will find at the National Bank of Kuwait all the assistance needed. A consumer loan gives you all the flexibility to obtain a loan to purchase consumer or durable goods or if you have personal requirements, whether academic or medical, to quickly achieve everything you aspire to.

Who qualifies for the loan?
All National Bank of Kuwait customers
To get the loan, you must be under 70 years old* at loan maturity (*Terms and conditions apply)
Minimum monthly salary of 400 KD

Why do I get the loan?
Obtaining a loan of up to 25,000 KD with a flexible repayment period
You can use the consumer loan to purchase consumer goods and commodities or such as furniture, electronics, cars, etc.
A consumer loan can also be used to pay for tuition or medical costs

The National Bank offers loans at competitive interest rates – the fixed interest rate on new loans is 5% per annum, calculated on the basis of the reducing loan balance
Use the Loan Calculator to get an idea of ​​how much you can borrow and the monthly payments due

What should I know?
The National Bank offers flexible loans – you can get a loan of a minimum of 1,000 KD and a maximum of 25,000 KD.
Flexible repayment period from 12 to 60 months
Possibility to add insurance to the loan
The possibility of early repayment at any time you want without incurring any future fees or interest

What are the terms and requirements?
A copy of your civil ID
Military ID for employees of the Ministry of the Interior, the Ministry of Defense and the National Guard
Salary Certificate
Salary Transfer Continuity Certificate

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